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Australia
New R&DTI claims portal and application form – Here’s what you need to know

By William Buck on 22/07/20 - Mins to read: 3 minutes

All R&D Applications for the year ending 30 June 2021 (FY21) and beyond will need to be prepared and lodged through AusIndustry’s new Research & Development Tax Incentive (R&DTI) Customer Portal. The portal is designed to make applying for the R&DTI quicker and easier for all involved, however it requires...
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Digital Transformation | 2021/22 Budget: What’s in it for my Australian Small Business?

By Eric Flammang on 22/07/20 - Mins to read: 3 minutes

With over $1 billion allocated to its Digital Economy Strategy in the recent Federal Budget announcement, the government has certainly confirmed its intention to grow Australia's digital economy by incentivising businesses of all sizes to hop on the digital transformation train towards a successful, collaborative and sustainable digital ecosystem. The...
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Do employee share schemes work for private businesses?

By Greg Travers on 22/07/20 - Mins to read: 3 minutes

Employee share schemes (ESS) are a great concept. They aim to align the interests of employees with the interests of shareholders, producing better outcomes for both. At one end of the business spectrum, employee share schemes are commonly utilised by listed companies. There is broad participation by employees, although the...
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New Director Identification Numbers to tackle illegal phoenixing

By Matthew King on 22/07/20 - Mins to read: 3 minutes

All directors of Australian companies will be required, by 30 November 2022, to obtain a Director Identification Number (DIN), to further tackle illegal phoenixing activities, promote good corporate conduct and increase accountability. It’s also proposed that the introduction of DIN’s for all directors will enable the Government to trace Directors...
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