Blog & News

This is a MYTH! In 2017, the Australian Government created the ‘Early-Stage Innovation Company Status’ by making amendments to the Income Tax Act to enable small, young companies that have been undertaking ‘innovative activities’ to raise capital...

If your Company/Business is interested in raising capital utilising the ‘Crowd Sourced Funding Equity Raising’ process, it’s essential to appoint an experienced Advisor who can perform the ‘Chief Financial Officer role’ to prepare the company’s do...

The leading Crowd Sourced Funding Intermediary, Birchal, released the “CSF Yearbook for 2023” this week. According to the report, over 380 companies have raised a total of $289M since the Crowd Sourced Funding Regime commenced in 2018. Birchal ha...

Small companies are embracing the concept of being able to raise funds of up to $5M in 12 months by the issue of shares in the company, thus avoiding having to offer security to lenders. After a slow start, Crowd Sourced Funding Equity Raising is...

This is a MYTH! Whilst it is true that eligible ‘Unlisted Public Companies’ are able to utilise ‘Crowd Sourced Funding Equity Raising’ to raise capital, but very importantly, so can ‘Private Companies’. When the legislation Corporations Amendmen...

Companies that have turnovers over $20M can also participate in claiming R&D tax offset but on a different basis to that available to smaller companies. The R&D Tax Offset for larger companies is calculated on a different basis: corporate...

Companies do not have to apply in advance to a government agency to gain approval to undertake R&D activities which can ultimately lead to claiming the R&D Tax Offset. However, if the Company Directors want to obtain certainty that the R&...

The Australian Government rewards companies that undertake Research and Development (R&D) because historically, some of the companies that undertake R&D create wealth and generate more income tax. There is a risk and obviously, not all co...

This is not true. The Research and Development (R&D) legislation has a differentiation for a company at $20M turnover. For companies with turnovers under $20M the R&D tax offset is calculated at 43% of the total R&D expenditure. A tr...

Companies with turnovers under $20million who operate in the “priority areas” nominated by the National Reconstruction fund (NRF) are now able to submit an application for support under the Industry Growth Program. Companies with an innovative pr...