Proposed changes to the R&D Tax Incentive

By Dr. Rita Choueiri on 12/12/2019 03:59:35 am

On 5 December 2019, the Treasury Laws Amendment (Research and Development Tax Incentive) Bill 2019 was introduced to Parliament. This Bill proposes numerous changes to the R&D Tax Incentive program, some of which are tweaked from the previous Bill proposed (after changes were initially announced in the 2018 Federal Budget)...
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Four tips to secure adequate cash flow for your startup

By Nick Kenny and Karly Whitehead on 09/12/2019 11:22:52 pm

Four in ten startups fail in the first five years of business. CB Insights recently dug into the “post mortems” of 101 failed startups and found that the second most cited reason for failure was that the company ran out of cash. Similarly, the Victorian Government recently announced that 80%...
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5 tips for structuring (and restructuring) startups

By Jack Qi and Alex Zinzopoulos on 28/10/2019 09:51:23 pm

“I wish I did that to begin with”. Too often we hear those words from founders looking to expand their business or exit, only to realise that they could have (and should have) structured their business in a different way. We know that for founders, funds are tight at the...
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Don’t underestimate the implications of AASB 16 leases

By Timothy Maclean and Rainer Ahrens on 11/10/2019 05:29:54 am

Since the new leases standard – AASB 16 – came into effect earlier this year, it’s presented several operational challenges with entities now needing to recognise all assets and liabilities arising for all leases, with limited exceptions. These exceptions include short-term leases and leases of low value assets. Expectations Short-term...
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Pricing of international related party product distribution arrangements

By Jonathon Larosa on 08/10/2019 09:51:06 pm

If you’re an Australian distributor for a related foreign manufacturer then now’s the time to consider and apply the ATO’s Guide and Risk model to your product pricing arrangements. Applying from 13 March 2019, the ATO Guide sets out circumstances under which they consider the pricing of your distribution arrangements...
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