Australian Government Incentives

In Tax

Governments are increasingly using a range of incentive programs to foster innovation and increase business competitiveness. In Australia, this includes tax incentives, business concessions and direct grant funding. The EY Government Incentive professionals have the knowledge to help you navigate the grants and incentives landscape for the jurisdictions you operate in.

Related topics Tax Tax function operations

The team

Jamie Munday

Jamie Munday

EY Global Quantitative Services Leader; EY Asia-Pacific Business Tax Advisory R&D and Technology QS Leader

Malia Forner

Malia Forner

EY Australia Government & Investment Incentives Partner, Oceania Fintech Leader and Entrepreneurship Program Leader

Laurence Osen

Laurence Osen

EY Oceania Government Incentives Partner

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What EY can do for you

The EY Government Incentives team can assist you in navigating a range of non-dilutive funding opportunities aimed at helping enable accelerated growth and provide you with a competitive advantage. We can assist you at all stages of the incentives process – from strategic incentive planning, eligibility analysis, application preparation, audits and reviews to compliance.

The EY Government Incentives team has experienced science, engineering, software, law and commerce professionals, who can understand the fundamentals of your projects and provide you with a targeted suite of incentive opportunities aligned to your strategic objectives.

  • Research and Development (R&D) tax incentive

    The Australian Government’s R&D tax incentive allows companies to access a tax offset for expenditures incurred on registered R&D activities. A refundable R&D tax offset is available to eligible R&D entities with less than AUD$20m aggregated turnover and a non-refundable R&D tax offset for all other eligible entities.

    Getting the right advice in the early stages of your R&D Tax Incentive claim can avoid a long and costly application process and mitigate non-compliance risk. The EY Government Incentives team can assess your activities against the complex eligibility criteria and help you navigate the application process, with specific knowledge and experience tailored to both large and small enterprises across all industries.

    How we can assist:

    • Review of R&D tax offset eligibility
    • Identification of core and supporting R&D activities
    • Calculation of eligible R&D expenditure
    • Preparation of the application for registration of R&D activities and Australian Taxation Office (ATO) R&D schedule
    • Support with enhancing your R&D activity and expenditure record keeping
    • Developing your R&D tax policies and governance frameworks
    • Preparation of a private binding ruling and analysis to support R&D tax incentive eligibility
    • Assistance with reviews from AusIndustry and the ATO

  • Grants

    The Australian grants landscape is elaborate with funding available at the Federal and State government levels as well as through statutory bodies. We assist clients to navigate and access the wide range of Australian government grants on offer. With dedicated teams in over 80 countries, EY professionals can help you take advantage of the global grants and incentives landscape.

    The EY Government Incentives team offers dedicated advisory services to support organisations to identify and seek government contributions for investment projects that will generate meaningful social and economic benefits.

    How we can assist:

    • Provide a targeted list of grants and incentives using our EY Grant Discover database containing over 4,000+ opportunities
    • Provide advice and assistance on available grant programs suited to your project
    • Assist in the preparation of grant applications and attachments
    • Assist with grant milestone reporting

  • Digital Games Tax Offset (DGTO)

    The DGTO is a refundable tax offset for eligible businesses that spend a minimum of $500,000 on qualifying Australian development expenditure related to the development of eligible games from 1 July 2022.

    EY professionals can assist you to prepare robust documentation and confirm that your game development activities meet the eligibility requirements, avoiding lengthy application processes and mitigating tax non-compliance risk.

    How we can assist:

    • Identification of eligible game development activities
    • Preparation of applications for completion, porting and on-going development certificates
    • Calculation of Qualifying Australian Development Expenditure (QADE)
    • Responding to Department of Arts queries and requests for further information

  • Royalties

    The EY Government Incentives team are the industry-leading provider of royalty services in Australia, with deep technical and commercial experience. We couple our technical knowledge with our proven tax co-source technologies to support inhouse teams by providing real-time access to richer, more accurate data whilst removing the compliance burden.

    In addition, EY royalty services also provide seasoned advice in relation to the coal, petroleum and minerals industry.

    How we can assist:

    • Advice surrounding the development of new royalty regime arrangements
    • Development of internal systems and processes to streamline royalty compliance matters
    • Assistance with royalty reviews and audits
    • Development of ruling requests in relation to complex royalty matters

  • Early-stage investor incentives

    The early-stage investor incentives provide eligible investors with a tax incentive for eligible investments in early-stage innovation companies (ESICs).

    Obtaining ESIC status provides an advantage for companies looking to attract investors in the early stages of their growth. EY teams can assist companies and investors to navigate the eligibility requirements.

    How we can assist:

    • Assistance with determining ESIC status
    • Preparation of a letter of opinion or a private binding ruling
    • Preparation and collation of documentation to evidence your ESIC status or investment benefits

  • Export Market Development Grant (EMDG)

    The EMDG program assists companies who are looking to export or are exporting from Australia.

    EY professionals can assist you in accessing the EMDG program, making the process simple and effortless.

    How we can assist:

    • Identification of eligible export activities and expenses
    • Preparation of the EMDG application
    • Review of supporting documents to substantiate activities and expenditure
    • Assistance with EMDG milestone reports and requests for information

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