Tax consultants put on notice as ATO escalates R&D warning
The Australian Taxation Office has strengthened its approach to Research & Development (R&D) tax incentive compliance, warning taxpayers and their advisors that penalties could await those making false claims.
ATO urges accountants to double-check R&D tax incentive claims
The ATO is urging accountants and consultants to review their clients' R&D Tax Incentive claims, after identifying potentially costly errors in claims made under the multi-billion dollar scheme.
Fast-growing R&D tax consultancy BourkeHood falls into voluntary administration
Fast-growing research and development tax advisory BourkeHood has entered voluntary administration, with its high-profile founder highlighting cashflow challenges at the firm.
CSIRO: Every $1 invested in R&D creates $3.50 in benefits for Australia
The CSIRO used a new economic approach to quantify the return on investment in overall research and development spending for Australia.
Industry expert says the patent box plan might see ‘more revenue lost than recouped’
There are many changes that will need to be made before we see a longer term payoff of the patent box plan in bringing some life back to Australian R&D.
A quarterly cash injection? Senate committee recommends changes to R&D Tax Incentive payments
Recommendations from a senate committee on fintech and regtech could see R&D Tax Incentive payments dished out on a quarterly basis.
2020 Budget Wrap: Unpacking the Federal Budget for SMEs
Peter Fray, editor-in-chief of Private Media, ASBFEO Kate Carnell and MYOB CEO Greg Ellis dive into the federal budget and its ramifications for SMEs, sole traders and startups.
What are the secrets of a solid innovation strategy in a pandemic?
SmartCompany's Stephanie Palmer-Derrien quizzes a panel of business leaders on savvy innovation strategy during a pandemic.
eBook: Recession-proof your R&D with cash-flow strategies from industry experts
Download this eBook today to discover what’s next for the Australian economy, how other R&D-focused businesses are maintaining their momentum and weathering the pandemic storm.
“We cannot support the bill”: Atlassian and Canva slam proposed R&D changes in midst of COVID-19 chaos
Canva and Atlassian have taken aim at the proposed changes to the R&D Tax Incentive, saying the committee must consider COVID-19.
We need to help unemployed postgraduates start businesses, says CSIRO chief scientist Cathy Foley
Highly skilled postgraduates should be employed by organisations looking to boost R&D or assisted in starting businesses of their own.
How to fund R&D and stay ahead of the innovation curve during COVID-19
In this webinar, business leaders discuss doubling down on financing, cash flow, core capabilities, product development and R&D.
