THE INCENTIVE
The scheme provides a refundable 45 percent tax offset for eligible companies with an aggregated turnover of less than $20 million per annum and a non-refundable 40 percent tax offset for all other eligible companies.
The Research and Development (R&D) Tax Incentive is a joint incentive of the Australian Taxation Office (ATO) and AusIndustry designed to encourage industry Investment in R&D. It is a broad-based, non-industry specific, market-driven program that aims to boost company competitiveness, improve productivity and deliver economy-wide benefits to Australia.
From baking to bricklaying, consulting to crafting – whatever keeps you busy, Xero makes your business life easier. Xero is online accounting that connects you with your numbers, your business and us, your advisors. Anytime, anywhere from any device.
The harsh reality is that there is no person alive today who will not die at some point in the future. This means that having to deal with a person’s estate is not only a possible event, it is inevitable. Until now comprehensively dealing with these matters has only been possible for those wealthy clients with the resources to pay a team of advisors. At UEM we feel an ethical and emotional responsibility to ensure that our clients are prepared for this event and have the tools for you to engage with us as your “Family Affairs Manager” at a cost that will not break the bank.
WHAT WE DO
We will efficiently and comprehensively analyse the current state of your affairs, identifying any gaps and instantly prepare action plans to follow to gain control of your affairs. We work closely with you and your team of advisors or can introduce you to our trusted partners to get the job done.
BENEFITS
For a low cost you will gain greater control, security, confidence and transparency in relation to your affairs. In the event of a significant event in your life your affairs will be in order, your wishes clearly laid out and dealing with your estate wont add to the emotional or financial burden already being dealt with by your loved ones.
We offer a broad range of taxation services for individuals as well as businesses. Don’t miss out on tax deductions that can put money back in your pocket or the opportunities to minimise your future taxation obligations by talk to us.
PROPERTY INVESTORS
We offer solutions tailored to property investors from initial advice on the purchase, funding and ownership structure to the preparation and lodgement of Income Tax Withholding Variation applications which allow you to access the end of year tax refund each pay period rather than when your return is lodged.
TAX AUDIT INSURANCE
Tax audits can be expensive and are on the increase. We offer tax audit insurance through Audit Shield, which provides for the payment of professional fees incurred as a result of you being selected for an audit or review by the ATO or other government body, which can be quite considerable.
OUTSTANDING OBLIGATIONS
Do you have multiple years Income Tax Returns outstanding and aren’t sure where to start or are nervous about dealing with the ATO? Our team has helped many clients reconstruct their affairs over many years, get them lodged and up to date and negotiate successful outcomes with the ATO.
