
Exportise provides a range of services to Australian exporters. These services include providing professional advice and consulting services on Export Market Development Grants, and general export advice to businesses looking to enter export markets or to existing exporters wishing to improve their export performance.
Our aim is to ensure that by using our services, businesses will be able to improve their export performance.
The Export Market Development Grants Scheme (EMDG) effectively provides for reimbursement at the rate of 50% of certain eligible expenditure in the promotion of Australian goods, services, intellectual property rights and know-how. For the 2010-11 grant year the Scheme has a funding limit of $150m. To enable this limit to be met, small grants will be paid in full once the claim has been assessed. Larger claims will receive payment at the time of determination; however the remainder of their claim will go into a pool which will be distributed at the end of the grant year on a pro-rata basis. This may result in the second payment being less than what was initially determined by Austrade. The definition of what is considered a small or large claim varies from year to year depending on the expected number of applicants and the funding available for the year.
Our ability through dealing with the Scheme, the legislation, Austrade's changing policy guidelines, the effect of the Administrative Appeals Tribunal decisions, and the attitude and investigation methods of Austrade, enables us to provide a service to clients which they, in dealing with the Scheme on a once a year basis, are unable to achieve themselves. Our consultancy advice and service includes:
Our fees for these services are structured so as to encourage our clients to maintain contact with our organisation throughout the year and to give us an incentive to do the best for our clients.
The Commonwealth Government, through the Australian Taxation Office and Ausindustry, provides additional tax deductions for Australian companies incurring costs of conducting research and development. The additional tax deductions are usually 25% of R&D expenses, although eligible Australian companies may receive additional tax deductions of 75% of R&D expenses. The government has also announced that from 1 July 2010 the additional tax deduction will rise to 50%. The financial impact of claiming the R&D Tax Concession is reducing tax payable by thousands (or in some cases millions) of dollars. Small businesses may also be eligible to receive cash payments from the Tax Office for their R&D activities.
There are several important steps involved in claiming the R&D Tax Concession and these in order are:
Exportise assists clients to claim Research & Development Tax Concessions by:
Our fees for these services are structured so as to encourage our clients to maintain contact with our organisation throughout the year and to give us an incentive to do the best for our clients.