by Erik Anderson | May 18, 2015 | Blog, R and D
Last week the Australian reported that CBA and the ATO were wrangling over an amount believed to be in excess of $100,000,000 arising from tax breaks claimed for R&D. In the same article, it was reported that the ANZ had used $44,000,000 in income tax offsets,...
by Erik Anderson | Apr 8, 2015 | Blog, R and D, Updates
One of the areas that many R&D Tax Incentive applicants lose out on in the early stages of a new company undertaking eligible R&D activities is valuing their time spent on undertaking core activity experiments. I was on a call with a potential new applicant...
by Erik Anderson | Jun 24, 2014 | Blog, Images, R and D
The R&D Tax Incentive program opens for applicants from Tuesday 1st of July 2014 and will close on Thursday the 30th of April 2015. Companies who have spent more than $20,000 in eligible expenses on eligible R&D projects are entitled to apply for the R&D...
by Erik Anderson | Apr 1, 2014 | EMDG, R and D
For many potential applicants, advisers and consultants wanting to understand the amount of Government funding that is available to the Small and Medium Enterprise (SME) sector, the process can be daunting. In my 2012/13 Grant Industry Report, I have set out the...
by Erik Anderson | Mar 31, 2014 | R and D
The Tier Toys AAT case has a number of interesting lessons for R&D Tax Incentive applicants as well as for the broader Grants Consultant industry. The facts of the case are quite involved and I suggest that you read the case to familiarise yourself with all the...
by Erik Anderson | Mar 26, 2014 | R and D
I have just got off a call with a potential R&D Tax Incentive applicant and realised that for many people, the R&D in the R&D Tax Incentive can still be confusing from an activity and expense point of view and what can and can’t be claimed. This post...
