The trend of Australian businesses looking offshore for the best talent reflects a wider idea – the country’s new entrepreneurial class has an innately global outlook. That is bringing a change in perspective for many executives engaged in otherwise traditional roles.
Computer scientist turned accountant Robert Krigsman believes his purpose is to see his clients prosper.
My business is innovative and experimenting with new ideas. How do I determine whether we qualify for the R&D Tax Incentive?
The Research and Development (R&D) Tax Incentive program was developed to assist businesses recover some of the costs of undertaking R&D.
The program is administered jointly by AusIndustry and the Tax Office. The R&D tax incentive provides a tax offset to eligible companies that engage in R&D activities.
I’ve heard a bit about the R&D tax credit – it seems like a decent scheme but how can I take advantage of it? How do I know if my innovation actually qualifies as R&D?
The federal government introduced the Research and Development (R&D) Tax Incentive regime in a bid to encourage industry investment in R&D and innovation.
The scheme is administered jointly by AusIndustry (on behalf of Innovation Australia) and the Tax Office. The R&D tax incentive provides a tax offset to eligible companies that engage in R&D activities.
I have started consulting and clients are in both Australia and Singapore. I’m unsure whether GST should be applied to clients outside of Australia.
Currently I’m not registered for GST in Australia, but will need to in 2013 once income exceeds the $75,000 threshold. What should I do?