Our friend Marc Loftus and his team from BDO’s Perth office have been celebrating recently after securing the first ruling from the ATO under the new Innovation Tax Incentive legislation. The ruling was obtained under the principles based test for Epic Delivery who are also listed here on Techboard. This article was first published by BDO.
The world today abounds with rapidly expanding opportunities for innovation, turbo charged by developments in the digital space. Businesses, governments and individuals alike are turning their attention to the significant benefits that technology and innovation are creating.
New markets and products, accompanied by a better understanding of consumers, in addition to the ever increasing number of channels available to connect with end users, makes for exciting times as an innovator or entrepreneur.
BDO is committed to supporting our home grown innovation community and stakeholders by utilising our skills, knowledge and expertise in this sector to assist members of the highly collegiate and motivated start-up scene in WA. Thereby jointly contributing to the bigger picture in raising the profile of Australia on the global stage, as a centre for investment in innovation and technology.