Deadline for Self Prepared EMDG applications

[calendar_date style=”3″ month=”December” calendar_bar_color=”#f33054″ day=”2″ full_date=”Monday 2nd of December 2013″] Monday the 2nd of December 2013 is the deadline for self prepared Export Market...

R&D – when are expenses incurred?

A case that had R&D implications was finalised in the AAT at the end of July 2013. Although the matter, Vision Intelligence Pty Ltd and Commissioner of Taxation [2013] AATA 527, went to the AAT looking for a reduction in penalties imposed by the ATO, the crux of...

I had an EMDG audit that didn’t go well – what next?

Austrade undertakes a risk assessment on all EMDG applications received. If you are a First Time Applicant (FTA), there is a very strong likelihood that you will get a visit or at the very least, a phone call. FOR FTAs, this interaction with Austrade is to enable them...

The ATO and R&D Tax compliance

The ATO has issued its Compliance in focus 2013-14 document where it sets out what the ATO will do to manage the risks to and maintain the integrity of Australia’s taxation and superannuation systems for the next 12 months. On page 14, we read the following with...

EMDG and Section 94

I had a phone call a while back from a colleague who had a client that had used up his full allotment of seven EMDG grants. At the time of writing this post, this was the maximum number of applications that an applicant could get paid. The client was looking for ways...