Client Alert

Missed the deadline for submitting your own EMDG application?

By:
Sandie Boswell,
Chloe Cullen
30 Nov 20201 min read
Missed the deadline for submitting your own EMDG application? Don’t worry, you can still claim back up to 50% of your eligible overseas marketing expenses by lodging with us.
Contents

The Export Market Development Grant (EMDG) program is an Australian Government incentive to support current and aspiring exporters. If you are a first-time applicant, the grant program will reimburse roughly 50% of eligible expenses paid between 1 July 2018 and 30 June 2020.

However, the EMDG scheme closed to self-lodgers and non-approved consultants on Monday 30 November 2020. Don’t worry though, Grant Thornton has Austrade approved EMDG consultants who can prepare and lodge your EMDG application until 2 March 2021.

Grant Thornton’s consultants will assess your eligibility, review your overseas marketing activities and the documentation that you have retained to put together a comprehensive audit-ready submission. With an adjustment rate of less than 5%, you can be sure that your EMDG claim will be maximised, supported and defended by lodging with us.

What can I claim?

If you are an Australian exporter, or a business developing an export market for IP, goods or services with turnover of less than $50 million, the EMDG scheme will allow you to access a cash refund of up to $150,000 per grant period.

The type of costs that can be claimed under the EMDG scheme include your spend on overseas marketing trips, advertising, trade fairs, marketing consultants, overseas representatives, providing free samples, bringing overseas potential buyers to Australia and overseas intellectual property costs.

For more information, please get in touch with our EMDG specialist team below.

TAGS
Authors
  • Sandie Boswell
    Sandie Boswell Sandie has more than 20 years’ experience in the field of R&D Incentives and Government programs both in Australia and the region. View Profile
  • Chloe Cullen
    Chloe Cullen Manager - National Specialist Tax

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