Treasurer Scott Morrison handed down his third Federal budget last night. Tax measures featured heavily in the budget with taxpayers receiving windfalls in the form of tax rate cuts. Protecting the integrity of the tax system was also heavily featured, and included several changes to the R&D Tax Incentive scheme.
Lots of changes, minimal impact for SMEs and Startups. Forecast changes to the R&D Tax Incentive in last night’s budget will see a small impact with some SMEs and Startups benefit to drop from 43.5% to 41%, while large business benefits may reduce significantly depending on how much R&D expenditure they have.
August is Small Business Festival month in Victoria and GrantGuru will be hosting events in locations around the state. If you want to know more about everything grants related and meet some of our team, book in to an event today.
South Australian Treasurer, Tom Koutsantonis announced the 2017-18 State Budget this week.
The NSW 2017-18 State Budget has been handed down by Treasurer Dominic Perrottet.
This week QUT Creative Enterprise Australia (CEA) launched the 8th annual Creative3 Pitch competition, the only competitive pitching event in Australia that unites leading creative tech entrepreneurs with early stage investors.
The Queensland State Budget for 2017-18 was handed down on 13 June 2017 by Treasurer Curtis Pitt.