MJA Updates

This MJA Update is an unusual one for us because we are asking you to consider what impact the Exposure Draft on the R&D Incentive changes could make to your business and we are asking you to make your...

The Treasurer Scott Morrison and the Minister for Jobs and Innovation Michaelia Cash have just released draft legislation to implement the changes to the R&D Tax Incentive announced as part of the 2018–19...

In this final “Budget Special” MJA Update, we look at the integrity measures that were announced last Tuesday night. The Government has acknowledged that the majority of taxpayers do the right thing but it...

In yesterday’s MJA Update, we focused on the announced changes to the Non-Refundable R&D Tax Offset based on an R&D Intensity measure. The market in the past 48 hours has indicated strongly that these...

All Budgets need to crack down on areas of concern to help pay for things like income tax cuts and the like. Reading last night’s Budget Papers, it seems like the three areas where the Federal Government...

The 2018 Budget has announced a series of changes to the R&D Tax Incentive that are intended to come into effect on 1 July 2018. In summary, the concern that some companies would be excluded from the...

Recent media reports suggest that next week's Federal Budget will introduce an intensity measure that will restrict access to the Non-Refundable R&D Tax Incentive to those company groups whose R&D...

The remarks of the Treasurer, Scott Morrison, about the R&D Tax Incentive (the Incentive) reported in today's Australian Financial Review have focused attention on the program's future after a long hiatus...