Updates

Export Market Development Grant – are you eligible?

Many SME’s are unaware of the range of government support and grants available to help grow their business. One of those for SME’s looking to internationalise is the Export Market Development Grant (EMDG).

Australia’s largest services exports are education and tourism, however there are increasing opportunities for other services based companies. If you are exporting, that is generating revenue from overseas and undertaking marketing to do so, you may be eligible for the EMDG.

The program is administered by the Australian Trade and Investment Commission (Austrade). Eligible expenses include:

  • Australian Trade and Investment Commission (Austrade)marketing consultant expenses
  • trade missions
  • promotional material
  • free samples
  • overseas representation

Once you have spent at least $15,000 on eligible expenses (first claim can be across 2 years) you can claim 50% above $5,000.

For those looking to attend a trade mission, this includes the consultant/mission fee, airfares, marketing documents including website for promotion and an allowance of $350 per day to cover accommodation and other expenses.

Note however it excludes some financial services, migration and real estate.

If you think you may be eligible, speak to your accountant of go to the Austrade website here

Expats former homes to be fully taxable

Proposed legislation designed to deter foreign investors from investing in Australian homes will also impact Aussies currently working overseas. 

Australia has experienced a boom property prices, much of which is being blamed on the increase in the number of foreign investors.

The government has been introducing a range of measures to make investment by foreigners more expensive. The latest change is removal of the Capital Gains Tax (CGT) exception completely. Continue reading Expats former homes to be fully taxable

LinkedIn – do you have a compelling profile?

Have you been ignoring Linked In? Did you put up a basic profile some years ago and are now embarrassed when people want to connect with you? Does your profile represent who you are today, your areas of expertise and how you can add value? 

LinkedIn is a global community of professionals and a platform for showcasing your personal brand, generating business opportunities, and keeping in touch with business connections and referral partners. Continue reading LinkedIn – do you have a compelling profile?