Taged Articles: Early Stage Innovation Company

ESS BIZTOOLS will present a webinar, looking into one of the components of the Advanced Package – Early Stage Innovation Company. The Early Stage Innovation Company (ESIC) capital raising was introd…

SMEs require systems similar to larger businesses SMEs face significant challenges beyond the scope of ‘Traditional Accounting Services’, such as preparing annual accounts and tax returns. Paul Robs…

Investors who contribute capital to a company that wishes to qualify as an Early Stage Innovation Company (ESIC) receive significant taxation benefits from the ATO for their investment in a company t…

A company aspiring to have ‘Early-Stage Innovation Company Status’ is required to pass one of two subsequent tests: Gateway test, or Principles test To qualify under the Gateway Test, the company…

This is a MYTH! The ‘Early-Stage Innovation Company Status’ was created by amendments to the Income Tax Act, to enable small, young companies that have been undertaking ‘innovative activities’, to b…

Many companies that are engaged in innovative activities could be eligible to apply for the “Early Stage Innovation Company” status. The benefit is that the company becomes far more attractive to po…

In the Thomson Reuters White Paper released last week, a key comment was, “The past has no future.” In the discussions relative to financing of businesses, accountants were put on notice that SMEs we…

“Through internal surveys and external data, employees tell us that purposeful, meaningful work is an important driver attached to job satisfaction and retention.” This is a key comment in the recen…

The CommBank Accounting Market Pulse Report released 3.1/2 weeks ago identified that, from the surveys that they had conducted with accountants all over Australia, only 5% of those firms “would not b…

Mark Holton, an Accountancy Industry Consultant and Director of Smithink Pty Ltd, discussed with Peter Towers, Managing Director, ESS BIZTOOLS the opportunities that accountants have to differentiate…

Research and development is an area that many accountants have very little experience in, but it is an area that many small business and medium-sized clients are interested in having a clear understa…

Welcome! In this week’s "COVID-19 Survival Panel" webinar, Andrew Geddes, Accountant Coach/Mentor and Former Chairman of Greencross Ltd (a top 200 ASX company), will present an update on his advice…

Start-ups – Looking for Finance? Have you got clients who have developed a new or significantly improved product, process, service, organisational or management methodology who are keen to raise fin…