There are many types of grants available for Australian businesses of all sizes and in almost all industry types and the assistance offered is vast and varied. Here are ten business grants that may be well worth your time.
The Australian Government has announced that it will be doubling the ASIC financial reporting thresholds. It is estimated that this change will save small and medium-sized businesses $300 million over the next four years.
While you should always feel free to pop a champagne cork or three for your employees to celebrate the year and holiday season, make sure that you don’t get the tax hangover! Fringe benefit tax and associated income tax and GST can sneak up on even the most organised of employers.
The Australian Federal Government has introduced proposed changes to the Research and Development Tax Incentive (“RDTI”) Scheme which will (if turned into legislation) impact RDTI claims from the 2018/19 financial year onwards.