As per the 2020-21 Federal Budget announcement, the Government has dedicated an additional $2 billion to the R&D Tax Incentive program to help stimulate investment in R&D activity by Australian Businesses.
Read on to see the main changes to the Research and Development Tax Incentive which came into effect from 1 July 2021.
The Australian Government wage subsidy program has increased from 1 July 2021 through to 31 June 2022. Employers may be able to receive up to $10,000 (GST Inclusive) when they hire employees that satisfy the criteria. Read more to view this criteria and see if your business may be eligible to access the wage subsidy for new employees.
In this episode of our video series, Tanya Dobeli talks to managing the complexity and taxation implications that may arise from Succession Planning.
Watch more about the road map that is Succession Planning and how this can allow an existing owner to transition while maintaining the performance of the business and achieve the best tax outcome.
Click through to watch our video and learn more.
The process of selling a business can be quite complex and there are several key areas to consider. Read our article on the six key steps to consider in order to maximise the return of your sale.
Read more here.