We can support you with a range of services, including:

• accounting and taxation compliance
• business advisory
• business health check
• business and financial structures
• corporate governance
• international business advisory
• outsourced accounting solutions
• performance improvement
• process and system improvement
• strategic planning
• succession planning
• wealth management and estate planning.

The post Business advisory appeared first on SW Accountants & Advisors.

Managing tax detail and compliance can be overwhelming, especially for small and medium-sized and even larger private businesses. From cloud migration to strategice planning, international business to tax and accounting compliance, we offer comprehensive tax services that help you identify and manage potential tax risks before they become a problem, maximise tax opportunities and minimise exposure, take realistic tax positions, and ensure compliance with all ATO requirements.

This way, you can focus on what matters most to you: growing your business.

Our extensive involvement in the industry and deep understanding of legislative and administrative reforms means we are actively involved and up-to-date on all current tax issues that impact businesses. Our knowledgeable teams are dedicated to ensuring that your business is fully compliant with tax regulations and optimized for the best possible tax outcomes.

We believe in providing a personal touch, so our senior engagement leaders take the time to keep you informed and answer any questions you may have. Our goal is to provide you with peace of mind, knowing that your tax affairs are being managed by experienced professionals that are an extension of your team.

The range of our services to private and unlisted businesses is extensive and includes: 

• accounting and taxation compliance
• business advisory
• business and financial structures
• corporate governance
• international business advisory
• outsourced accounting solutions
• performance improvement
• strategic planning
• succession planning.

The post Tax for Private Business appeared first on SW Accountants & Advisors.

Navigating the detail of tax can be a daunting task for businesses and finance teams, particularly for companies with complex transactions, structures and workforces. We’ll help you identify and manage tax risks, maximise opportunities and minimise exposure, take realistic tax positions and ensure compliance with all ATO requirements. 

We have a highly skilled specialist tax teams working with multinational corporations and Australian subsidiaries of overseas companies, as well as Australian and Asia Pacific firms of all sizes.  

Our significant involvement in industry and a high level of involvement in reforms, both legislative and administrative, means we are actively involved and across all current tax issues that impact business.  

We are closely involved in consultative processes, making submissions to Treasury and/or the ATO and have extensive experience managing successful ATO reviews including Combined Assurance Reviews (CARs), Streamlined Assurance Reviews (STARs) and ATO top 20 and top 100 reviews.  

Our team can provide end-to-end solutions across: 

• corporate & International tax advisory 
• Country by Country reporting 
• employment taxes (PAYG, FBT, superannuation and payroll) 
• expatriate taxes 
• FATCA / CRS 
• fuel tax credits 
• fund tax advisory 
• Government grant assistance 
• global workforce mobility services 
• GST and indirect taxes 
• tax due diligence 
• transfer pricing 
• tax structuring 
• tax effect accounting  
• tax governance implementation and review 
• tax controversy, dispute, review and audits 
• tax compliance automation 
• research and development tax incentive 
• remuneration and benefits (share schemes) 
• State taxes (Stamp Duty, Land Tax, GAIC).

The post Tax for Corporates appeared first on SW Accountants & Advisors.

She provides strategic advice to help large businesses, private businesses, high net wealth individuals and family groups manage international tax risk and realise value. Sam is also responsible for Employment and Remuneration Services at SW which includes expatriate taxation and employment taxes. Sam works with clients and their other advisers to deliver commercially-focused solutions in an easy to understand and straightforward manner.

Sam gained her expertise at Arthur Andersen in the UK, Deloitte UK and Australia, and Crowe Horwath Melbourne, where she was Head of Tax.

Sam is a Partner of SW Audit and a Director of SW Accountants & Advisors Pty Ltd.

The post Sam Morris, Partner appeared first on SW Accountants & Advisors.

• Explore what the EMDG is

• Discuss how the EMDG is structured and who is eligible
• Provide practical tips via Q&A.

Your guides online

Stuart Barclay General Manager – Marketing, Wine Australia

Sam Morris Director, SW

Thomas Demel Senior Manager, SW

Contact us

If you have any queries or would like more information, please contact the Marketing team via marketing@sw-au.com.

The post Spotlight | Export Market Development Grants Webinar appeared first on SW Accountants & Advisors.

The change will fundamentally alter how applications are made and managed, impacting every business that is currently accessing the scheme.

Key changes include:

• Transitioning to an up-front agreement model, with funding agreed in advance
• Introduction of funding ‘tiers’ for businesses at different stages of their export journey
• Life-time cap of $770,000 grant funds receivable per business through the EMDG program
• Reduction in the turnover cap for eligibility – Businesses must have a turnover of less than $20M to access the fund

What is the impact of this change?

Businesses that are currently accessing the EMDG scheme, or are looking to execute their export strategy in the coming years should be acting now to assess their eligibility for this revised EMDG program.

Prior to submitting an EMDG grant application for planned promotional expenditure, businesses will need to self-assess their eligibility to the updated program and determine which funding tier they should be applying to. Tiers include:

Tier 1: for eligible SMEs who are ready to begin exporting – grants of up to $40,000 per financial year for 2 years

Tier 2: for eligible exporters who plan to expand their exporting – grants of up to $80,000 per financial year for 3 years

Tier 3: for eligible exporters who plan to make a strategic shift in their export activities – grants of up to $150,000 per financial year for 3 years

Key dates

Eligible expenses incurred up to 30 June 2021 will be claimable under the existing scheme, with applications open from 1 July 2021 through to 30 November 2021.

Applications for ‘forward looking’ EMDG grants for the 2021-2022 year must be made between 16 August 2021 and 30 November 2021.

How can SW assist?

Applications for the revised EMDG scheme will initially run alongside the existing EMDG program, increasing the complexity for applicants once the program opens for applications.

The EMDG process is highly complex and rigorous, and never more so than this year! SW’s team of Government Incentives experts can assist you in determining your eligibility, produce high-quality funding applications and maximise your chance of funding success.

Get in touch

To learn more and find out how you can seize the opportunity, contact one of our experts below.

Sam Morris

E smorris@sw-au.com

Thomas Demel

E tdemel@sw-au.com

The post Grant alert – Export Market Development Grant appeared first on SW Accountants & Advisors.

Grants are offered on a 1:1 funding basis, with grants of $50,000 to $1m available. Grant funds can be put toward:

• Investment in plant and equipment
• Research and development for pilot projects and new product development
• Market promotion
• Business and marketing plans
• Feasibility studies
• Website development and network costs.

Application Process

Grant funding will be allocated through a competitive two-stage process.

Applicants are encouraged to submit an expression of interest (EOI) addressing the key merit criteria and project objectives.

Applicants whose EOIs meet the criteria will be invited to submit a full application for funding

Who is eligible

Businesses, industry associations, marketing cooperatives and local government authorities that operate in the Victorian agriculture sector are invited to apply.

To apply, businesses must have a current ABN that was held on the fund opening date. Businesses must also directly employ staff.

Important dates

EOIs opened on March 31 and will close once funding is exhausted. Get in quick to avoid missing out!

How ShineWing Australia can help

The application process is competitive and complex, with limited funds on offer.

ShineWing Australia’s Government Incentives team can assist in project identification, writing comprehensive applications and liaising with program managers to maximise your chance of funding success.

Get in touch

To learn more and find out how you can seize the opportunity, contact Sam Morris or John Anderson.

The post Grant alert – Food to market program appeared first on SW Accountants & Advisors.

Through the Modern Manufacturing Initiatives program funding is being offered on a 1:1 basis, with the Federal Government contributing up to half the cost of eligible projects. The minimum funding for this round is $1m, with the average grant awarded expected to be approximately $4m.

Grants will be awarded through two funding streams – Translation and Integration.

Translation Grants: awarded to businesses who use new automated technology and equipment to produce new high value-add food and beverage products and production methods.

Integration Grants: available for businesses looking to invest and grow their businesses to support entry into new local and global value chains.

Grant funding received through both schemes can be used toward:

• Eligible plant and equipment
• Contractors
• Prototype expenditure
• Relevant travel
• Certain salary expenditure
• Other costs incurred in the process of completing the project

Application Process

Grant funding is awarded through a competitive process, with applicants having to submit a comprehensive application prior to the 27 April 2021 closing date.

The application is highly complex and must demonstrate the technical and business outcomes of the project in a clear and succinct manner.

Grant applications should be made through the Australian Government’s grants portal.

Who is eligible

Manufacturers in the Food and Beverage sector that are incorporated in Australia are encouraged to apply. Joint applications are welcome provided the lead applicant can fulfil the relevant eligibility criteria.

Partnerships, individuals and government bodies are unable to apply to this fund.

Important dates

Applications to both funds opened on 29 March 2021 and will close at 5pm on 27 April 2021.

How ShineWing Australia can assist

The application process is competitive and complex, with limited funds on offer.

ShineWing Australia’s Government Incentives team can assist in project identification, writing comprehensive applications, and liaising with program managers to maximise your chance of funding success.

Get in touch

To learn more and find out how you can seize the opportunity, contact Sam Morris or John Anderson.

The post Grant alert – Food & beverage manufacturing program appeared first on SW Accountants & Advisors.

Our R&D Incentive and Government Grants webinar provides the insights into what kind of Government support is available to business who are looking to grow, innovate and evolve.

Our experts covered some of the basics and discussed how a tailored strategy can help identify and unlock Federal and State assistance to maximise support and elevate businesses’ projects.

Our services

ShineWing Australia has a dedicated Research & Development and Government Incentives (RDGI) team with a national presence.

Our approach cuts through complexity to maximise success and understand the heart of what our clients want to achieve.

Our R&D services include:

• Identifying and evaluating eligible R&D activities and projects
• Calculating eligible R&D expenditure
• Preparing documentation for registration of R&D activities
• Preparing the R&D Tax Schedule to claim the benefit
• Assisting with compliance and project documentation
• Conducting R&D training sessions.

Government grants cover a broad spectrum of industries and activities, and generally require a high level of detail in the application. Clients recognise the opportunity and value that our expertise provides to significantly improve their rate of success.

These businesses have identified several key reasons they come to us:

• Identifying, scoping and applying can take many hours – time that is better spent on developing the business and product offering
• We know what’s happening in the grant funding landscape, and can tailor a Government Incentives strategy to your business as you grow
• Our Grants team can prepare high-quality applications and leverage our relationships with key government departments to maximise your chance of funding success.

Experts

Contact us

If you have any queries or would like more information, please contact the Marketing team via marketing@sw-au.com.

The post R&D Incentive and Government Grants webinar appeared first on SW Accountants & Advisors.

Updated: 9 December 2020

The Federal Government is offering manufacturing grants of up to $1M to attract the adaptation of new technologies, modernise manufacturing processes, create jobs and increase productivity in key priority sectors.

Grants are offered on a 1:3 funding basis, with the Federal Government contributing up to 25% of the total project cost. The minimum grant amount for this round is $100,000.

To be eligible, manufacturers must operate within one of the six priority industries:

• Resources technology and critical minerals processing
• Food and beverage
• Medical products
• Recycling and clean energy
• Defence
• Space.

Application process

Grant funding is awarded through a competitive process, with applicants having to submit a comprehensive application prior to the closing date on 21 January 2021.

The application must demonstrate how the funding will improve Australia’s manufacturing capability in the priority sectors, create high-value jobs, and lead to long-term and sustainable business growth.

Who can apply?

• Manufacturers in the key priority sectors are encouraged to apply
• Eligible applicants must be Small to Medium Enterprises with 199 or fewer employees
• Not-for-profits, partnerships, and individuals cannot apply to this round.

Important dates

Applications opened on 4 December 2020 and will be closing at 5pm (AEDT) 21 January 2021.

Please take into account time zone differences when submitting your application.

How can we assist?

The application process is competitive and complex, with limited funds on offer.

ShineWing Australia’s Government Incentives team can assist in project identification, writing comprehensive applications, and liaising with program managers to maximise your chance of funding success.

We had success in Round 1 of this Program so know our way around it!

To learn more and find out how you can seize the opportunity, get in touch with Sam Morris or John Anderson below.

Contacts

The post Grant alert: Manufacturing Modernisation Fund round 2 now open appeared first on SW Accountants & Advisors.