24 06, 2019

Early Stage Investment Company (ESIC)

By | 2019-06-24T08:40:17+10:00 June 24th, 2019|Accountants|0 Comments

Have you made an investment that may qualify for the ESIC Tax Concessions? The Early Stage Investment Company (ESIC) scheme provides significant tax incentives for investments in qualifying early stage investment companies. The tax incentives provide eligible investors who purchase new shares in an ESIC with a: non-refundable carry forward tax offset equal to 20% [...]

16 05, 2019

Prime Brisbane has 100% success rate in Ignite Ideas Fund EOI applications

By | 2019-05-16T12:38:55+10:00 May 16th, 2019|Accountants, Useful Articles|0 Comments

QLD Ignite Ideas Fund The Queensland Government’s Advance Queensland initiative focuses on growing the economy and creating jobs. This includes supporting the start-up and growth of businesses to deliver new products and services into global markets, and establishing new industries that will provide the jobs of the future. The Ignite Ideas Fund supports small to [...]

16 05, 2019

The understated danger of not calculating your tax payable – a key to managing Cash Flow

By | 2019-05-16T12:58:55+10:00 May 16th, 2019|Accountants, Useful Articles|0 Comments

You made a profit but you have no cash in the bank! How does that work? I get this question at least once a week. The other statement I regularly hear is that the business owner feels like all he does is pay tax and never gets ahead. By the way, we all feel like [...]

16 05, 2019

Deadlines – Single Touch Payroll & FBT

By | 2019-06-13T10:50:26+10:00 May 16th, 2019|Accountants, Useful Articles|0 Comments

Single Touch Payroll Single Touch Payroll (STP) changes the way employers report their employees' tax and super information to the Australian Taxation Office [ATO]. Using payroll or accounting software that offers STP, employers send their employees' tax and super information to the ATO each time they run their payroll and pay their employees. Employers with [...]

5 03, 2019

Software development in the R&D tax incentive program

By | 2019-03-05T15:50:39+10:00 March 5th, 2019|Accountants|0 Comments

Automation and machine learning is driving significant advancements in a range of industries. The component of software development in R&D projects has increased significantly in the past ten years. According to AusIndustry, 5,273 R&D-performing entities registered R&D activities in the field of information and computing science in 2014-15, which is more than double the number [...]