http://geoff.evason.name/2008/05/06/grants-for-a-tech-startup-business-in-australia/ Mon, 06 Feb 2012 01:31:26 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://geoff.evason.name/2008/05/06/grants-for-a-tech-startup-business-in-australia/comment-page-1/#comment-3043 Llew Sun, 03 Jul 2011 09:42:21 +0000 http://geoff.evason.name/?p=33#comment-3043 Geoff and followers - at long last the new R&D Tax Credit is here! As of Friday 1 July the Federal Government's primary industry assistance driver will be the new R&D Tax Credit - it replaces the existing R&D Tax Concession and its supplementary programs for claims from the 11/12 year. A refundable R&D Tax Credit increases the yield from 7.5 - 15% if in profit and from 37.5 - 45c in the R&D dollar if in tax loss. Importantly, claimants with grouped tuirnover under $20m, as opposed to under $5m in the surrent scheme, will be eligible to claim the 45c refundable Tax Credit and use their tax losses to drive further R&D. Claimants with grouped turnover over $20m will receive a non refundable 10c in the dollar, also up from the previous 7.5c. Local subsidiaries of International companies, who hold the IP overseas but are conducting R&D in Australia, will also be eligible to apply for the first time. Be advised - new eligibility criteria and an increased complaince regime will apply.....welcome to receive any queries llew@tcf.<a href="http://net.au" rel="nofollow">net.au</a> <a href="http://www.tcf.net.au" rel="nofollow">www.tcf.net.au</a> Geoff and followers – at long last the new R&D Tax Credit is here! As of Friday 1 July the Federal Government's primary industry assistance driver will be the new R&D Tax Credit - it replaces the existing R&D Tax Concession and its supplementary programs for claims from the 11/12 year. A refundable R&D Tax Credit increases the yield from 7.5 – 15% if in profit and from 37.5 – 45c in the R&D dollar if in tax loss. Importantly, claimants with grouped tuirnover under $20m, as opposed to under $5m in the surrent scheme, will be eligible to claim the 45c refundable Tax Credit and use their tax losses to drive further R&D. Claimants with grouped turnover over $20m will receive a non refundable 10c in the dollar, also up from the previous 7.5c. Local subsidiaries of International companies, who hold the IP overseas but are conducting R&D in Australia, will also be eligible to apply for the first time. Be advised – new eligibility criteria and an increased complaince regime will apply…..welcome to receive any queries llew@tcf.net.au http://www.tcf.net.au

]]> http://geoff.evason.name/2008/05/06/grants-for-a-tech-startup-business-in-australia/comment-page-1/#comment-18 greg russel Wed, 06 May 2009 21:32:02 +0000 http://geoff.evason.name/?p=33#comment-18 Great information and usefull too. I need a grant and I need all the help I can get. I will be back soon as I have bookmarked your blog. Great information and usefull too. I need a grant and I need all the help I can get. I will be back soon as I have bookmarked your blog.

]]> http://geoff.evason.name/2008/05/06/grants-for-a-tech-startup-business-in-australia/comment-page-1/#comment-16 Cara Wed, 13 Aug 2008 00:03:49 +0000 http://geoff.evason.name/?p=33#comment-16 Thanks for this information, it has been very helpful! Thanks for this information, it has been very helpful!

]]> http://geoff.evason.name/2008/05/06/grants-for-a-tech-startup-business-in-australia/comment-page-1/#comment-14 John Haining Fri, 09 May 2008 07:04:55 +0000 http://geoff.evason.name/?p=33#comment-14 Hi Geoff - this area is our business specialty. Let me know if you want any assistance (I am on skype). Cheers, John (www.mjassociates.com.au) Hi Geoff – this area is our business specialty. Let me know if you want any assistance (I am on skype). Cheers, John (www.mjassociates.com.au)

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