Our latest insights

It's estimated that around 30% of cross border trade is conducted via companies who are accredited in the Australian Trusted Trader program. The Government intends to increase this to 75% by 2025. Learn more the benefits of accreditation.

As the end of financial year approaches, companies with Employee Share Schemes (ESS) are required to report to the ATO and provide employees with a statement if a “taxing point” has occurred during the tax year.

The Export Market Development Grant (EMDG) program this year is different to any other year. With both the existing scheme and the new reform model in operation at the same time, applicants will have to submit two applications for EMDG if they want to access both programs over the next 3 months.

From 1 July 2022, digital games developers will be able to access a 30% refundable tax offset on qualifying expenditure. While details are still thin, Sukvinder Heyer shares what we know about this game changing announcement so far.

In a measure designed to help first time home buyers to save a deposit more quickly, the Government will increase the maximum releasable amount of voluntary concessional (deductible) and non-concessional (after-tax) contributions under the existing First Home Super Saver Scheme (FHSSS) from $30,000 to $50,000.

The Government today announced significant changes to Australian Tax residency rules aimed at providing certainty and simplification for businesses and their employees as Australian borders begin to start re-opening to the world.

The proposed changes to both the tax treatment and regulatory framework of employee share schemes (‘ESS’) in Australia should be welcomed by employers and employees with tax–deferred ESS Plans.

Last week the Federal Government announced $225m in tax relief to small breweries and distillers as part of the 2021-22 Federal Budget.

The Australian Government announced it will invest an additional $100 million into extending the Junior Minerals Exploration Incentive (JMEI) over the next four years, to the end of June 2025.

Stuart Robert, as the new Minister for Employment, Workforce, Skills, Small and Family Business, now is your time to make change.

Beneath the surface, there is agility within our higher education institutions which we need to enhance and work to our advantage in a post-COVID world.

In our latest podcast, Tony Pititto, National Head of Agribusiness, Food & Beverage at Grant Thornton and Madina Aziz, Audit Partner discuss the opportunities for the sector through the Modern Manufacturing Initiative and what we need next from Government to help Australia target non-traditional export markets.