On 3 July 2017 the SMH reported on millions of dollars rorted from the R&D Tax Scheme. The assistance provided to reputable companies by this scheme is invaluable. Pattens are committed to supporting honest companies obtain the maximum benefit from all grants.
Austrade advised the final payment for the 2015/16 grant year is 64.50483 cents in the dollar for payments above the initial payment ceiling amount of $40,000 making the maximum EMDG grant payable only $110,955. Pattens have over 40 years’ experience in EMDG Claims.
With over 25 years’ experience in engineering design, construction and the installation of a large range of both naval and commercial hardware, the recent receipt of $350,000 cash for their R&D Tax Incentive claim was an acknowledgement of our clients expertise.
Congratulations to our client, an innovative data analysis company, who was recently awarded $1,000,000 for an Accelerating Commercialisation claim. The success continues to highlight the expertise Pattens have in sophisticated large grant applications.
Relying on Australia’s reputation as the source of the best, fresh and healthiest produce in the world, our client has commenced marketing our products to China, supported by the recent payment of a $40,000 Export Marketing Development Grant.
The Australian: 27 March, 2017 suggest “most major companies use R&D Tax Credits to rort taxpayers.” With over 35 years’ experience claiming R&D, Pattens have never been involved in any dishonest or questionable activity. Our claims are impeccable and can withstand any scrutiny.
Thanks to support from a $1.3M R&D Tax Incentive refund, our client is able to improve a higher standard of living and well-being to a greater range of people inflicted with a diverse range of diseases. We have a 100% success rate on R&D claims lodged.
Just as Pattens are able to assist clients with access to the range of grants, our client provides software solutions to the business community. They were recently refunded $250,000 for their R&D Tax Incentive claim.
The government has allocated an additional $50m towards the successful Export Market Development Grant (EMDG) boost to help SME’s expand their export markets. Other changes to the EMDG scheme announced will see the expense threshold reduced from $10,000 to $5,000 which reduces the minimum expenditure for an eligible claim from $20,000 to $15,000. The number [...]
AusIndustry has been sending out letters lately informing the official closure of the Clean Technology Programs. The current Australian Government has committed to abolishing the carbon tax and they expect in doing so they will lower the costs for Australian businesses and manufacturers. This will hopefully promote growth and costs. As such, the Australian Government [...]