Australia
Unlocking value in SMEs: A guide to business valuation in Australia

By Chris Leahy on 12/12/23 - Mins to read: 3 minutes

Small and Medium Enterprises (SMEs) are valued differently at different stages of the business life cycle. Whether you're contemplating a sale, seeking investment or planning for the future, succession is an inevitable reality in every business owner's journey, and it is never too early to start growing the value of...
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Changes to the Export Market Development Grant

By Alex Zinzopoulos on 12/12/23 - Mins to read: 3 minutes

What is this grant about? The Export Market Development Grant (EMDG) is a key Australian Government financial assistance program aimed at encouraging businesses to develop export markets. Recently, there have been significant changes to the EMDG scheme. Since 1 July 2021, the EMDG scheme changed from a reimbursement model to...
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Australia’s Digital Games Tax Offset

By Alex Zinzopoulos on 12/12/23 - Mins to read: 3 minutes

Article updated as of 24 Jan 2024 As part of the Australian Government’s Digital Economy Strategy announced in the 2021-22 Federal Budget, the Digital Games Tax Offset (DGTO) measures have now been brought into effect. The intent of the DGTO is to promote the growth of the Australian digital games...
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ATO updates draft ruling on software royalties: What you need to know

By Nicola Bird on 12/12/23 - Mins to read: 3 minutes

On 17 January 2024, the Australian Tax Office (ATO) released the updated draft tax ruling, TR 2024/D1 setting out its characterisation of payments related to software and other intangible property rights. This draft ruling comes three years after the first draft was provided in TR 2021/D4. What is the relevance...
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