Australian Government Incentives

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

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

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

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

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