R&D experts are urging government to rethink administrative functions of the R&D Tax Incentive Scheme, rather than impose more limitations on innovative enterprises in the federal budget.
In
Read More
Gov company tax cut inches closer to victory with new support
The Turnbull government’s plan to cut company tax rates from 30 to 25 per cent over the next decade is one step close to becoming a reality.
This week the Business Council of Australia’s leadership
Read More
Read More
The Business Council of Australia and its new head need a reality check
The Business Council of Australia (BCA) looks set to double down on its failed strategy in its appointment of new president Grant King.
Read More
Read More
Race to the bottom on company tax cuts won’t stop tax avoidance
US President-elect Donald Trump made an election promise to cut the US federal corporate tax rate from the current 35% to 15%. A somewhat more modest proposal is under way in Australia.
Read More
Read More
Cochlear boss says tax incentive cuts could send R&D overseas
Cochlear’s chairman Rick Holliday-Smith has said federal savings measures targeting R&D tax incentives could see the company move research activities a out of Australia.
Read More
Read More
R&D tax incentives need to be simple and underpin investor confidence
Few examples of Australian tax policy are subject to as frequent change as the Research & Development tax subsidy, again under review by the federal government. Substantive changes to the rules have occurred every five of the past 20 years. By contrast, the US has had essentially the same R&D tax rules since 1990.
Read More
Read More
Are you claiming your R&D?
Don’t miss out: it’s now easier to claim Research and Development (R&D) activities than ever before, as Alan Johnson reports.
Read More
Read More
Australian companies have more work to do on tax transparency
A number of big Australian companies have started to publicly release tax reports recently, such as ANZ, BHP Billiton, AMP and the National Australia Bank. This follows intense scrutiny of tax minimisation and evasion from the Australian government.
Read More
Read More
Pumped about the future
Recent Endeavour Awards champion Admedus is growing briskly, with their tissue engineering process being used to repair hearts all over the world. Brent Balinski spoke to the company’s chief operating
Read More
Read More
Jamie Oliver challenges Australia to follow UK lead on sugar tax
Celebrity chef Jamie Oliver has praised the introduction of a tax on sugary drinks in the UK and urged other countries like Australia to follow suit as a way to fight obesity.
Read More
Read More
Five things about innovation Australia can learn from other countries
With the release of Prime Minister Malcolm Turnbull’s science and innovation statement expected in just under a week, expectations are running high, perhaps too high.
Read More
Read More
The tax system can play a role in Australian innovation
Australia’s quest to develop a stronger innovation ecosystem has seen a growing focus on the income tax system, and whether it should be used as a lever to help achieve this goal.
Read More
Read More
Tax changes to enable risk-taking flagged for innovation agenda
Changes to taxation and the treatment of bankruptcy are expected to be among areas targeted in the federal government’s innovation statement, to be released next month.
Read More
Read More
High tax the main reason CSL plant didn’t come to Aus
Australian biotech company CSL chose Switzerland over Australia for its new manufacturing plant because of this country’s higher company tax rate, according to the company’s director.
Read More
Read More
Innovation key to Queensland manufacturing jobs
The Senate Economics Reference Committee will today hear how innovation holds the key to the future of Manufacturing and a great number of jobs, in a presentation by medical device manufacturer Cook Medical Australia.
Read More
Read More
CSL calls for lower tax rate for advanced manufacturing
Australian biotech company CSL is calling for a company tax rate capped at 10 per cent, for advanced manufacturing derived from Australian innovations.
Read More
Read More
Cut tax on small business by 5pc: Bill Shorten
Labor would cut the tax on small business to 25 per cent and place a greater emphasis on science and technology, says Opposition Leader Bill Shorten.
Read More
Read More
Claim small businesses could rort Tony Abbott’s new tax deductions
The budget measure which gives small businesses a $20,000 upfront tax deduction on asset purchases could be rorted, according to a prominent tax adviser.
Read More
Read More
Joe Hockey to cut tax for small business
Treasurer Joe Hockey is set to deliver small business a tax cut of at least 1.5 per cent in tonight’s federal budget.
Read More
Read More
Microsoft could open Indian factories due to new taxes
Microsoft is considering making phone handsets in India, following the Indian government’s introduction of new duties on imported phones.
Read More
Read More