We have received an update today from AusIndustry that, in light of COVID-19, an automatic lodgement extension has been granted for R&D tax claims for the year ended 30 June 2019. Lodgements will now be accepted up until 30 September 2020.
The impact of COVID-19 is being felt in all aspects of life. Small and medium sized businesses who are Australian exporters have been especially hard hit with the fall in international trade. Naturally, our clients are concerned regarding the impact this will have on their business, their export activities and therefore their EMDG applications.
Have you made plans to lodge your 2019 year R&D Tax Incentive Application in time for the upcoming 30 April deadline?
In case you missed the news in December, proposed changes to the R&D Tax Incentive program were re-introduced to Parliament and will be subject to a second Senate committee review.
The WA Government is opening applications for its Innovation Vouchers program next month.
Don’t worry, you can still claim back up to 50% of your eligible overseas marketing expenses by lodging with us.
A new Australian Federal Government grant has recently come into effect from 1 July. The Wine Tourism and Cellar Door Grant aims to support Australian wine producers who add value to the Australian economy by encouraging visitors to wine regions, and who receive income from cellar door sales.
Have you incurred substantial overseas costs during FY19 so far (i.e. 1 July 2018 to 30 June 2019) for your research and development project?
Glasshouse Advisory’s own Tim Szalek will be presenting on Gaining competitive advantage and unlocking your IP at the 2019 National Manufacturing Week Conference.
Don’t miss out on claiming the R&D Tax Incentive! If you are an eligible company with a 30 June income year, the deadline to lodge with AusIndustry is 30 April 2019.
On Thursday October 18, the legislation incorporating the proposed changes to the current R&D tax incentive program (surreptitiously entitled Treasury Laws Amendment (Making Sure Multinationals Pay Their Fair Share of Tax in Australia and Other Measures) Bill 2018) (‘the Bill’), was referred to the Senate Economics Legislation Committee, for further consideration
We are pleased that Tracey Murray, Director - Innovation Incentives, has been invited to present at the conference again. Her presentation will be on Saturday 13 October.
Lynne Teo, senior IP analytics advisor, will be part of a panel of experts speaking on the topic of Embracing Disruption on Thursday 13 September.
We are pleased to congratulate James Norton for being awarded the Endeavour Australia Cheung Kong award for recognition of his cross-cultural work in Hong Kong during as part of his university program.
Xenith IP recently submitted a response to The Department of The Treasury regarding reforming the R&D Tax Incentive
The 2018 program opens 1 July 2018
Congratulations to our IP Valuations team named Global APAC IP Valuations Firm of the Year 2018
Glasshouse Advisory is pleased to announce the launch of the ASX Entrepreneur's Guide
We are pleased to be a gold sponsor at the IPBC conference in Singapore
The deadline for registering for the R&D Tax Incentive is fast approaching
Technology plays a key role in almost every company but it seems no one understands how to value it.
Congratulations to our IP Valuations team, led by Tim Heberden, being named Global APAC IP Valuations Firm of the Year 2017
Tim is part of a high profile group of top IP value creators
The EMDG program reopens for applications on 1 July 2017, but what’s changed?
Listed IP law firm holding company Xenith IP Group will launch a specialist IP practice, Glasshouse Advisory
The deadline for registering for the R&D Tax Incentive is fast approaching.
Submit now to avoid delays.
AusIndustry released new R&D Tax Incentive Guidance products last week on the www.business.gov.au website.