# Taged Articles: research and development [ 20th Nov, 2024![Turning Ideas into Incentives: R&D and the role of Accountants](https://www.essbiztools.com.au/images/zoo/blogs/2024/am385banner.jpg) Turning Ideas into Incentives: R&D and the role of Accountants Accountants Minute 385 Every great product or service begins with an idea. It might strike in a factory, a warehouse, a farm, or even while daydreaming mid-flight. But for these ideas to transform into impactful innovation… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com.au/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com.au/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com.au/daily-posts/tag/Business%20Plan) | [R&D Tax Offset](https://www.essbiztools.com.au/daily-posts/tag/R?D_Tax_Offset=) | [Research and Development](https://www.essbiztools.com.au/daily-posts/tag/Research%20and%20Development) | [virtual cfo services](https://www.essbiztools.com.au/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com.au/ess-biztools-blogs/turning-ideas-into-incentives-r-d-and-the-role-of-accountants) [ 4th Jul, 2024![Do you know that SMEs are spending BILLIONS on R&D?](https://www.essbiztools.com.au/images/zoo/blogs/bas-updates/BASU2024/basp050724.jpg) Do you know that SMEs are spending BILLIONS on R&D? Business Advisory Services Update The Government estimates that Research and Development (R&D) expenditure by SMEs will be approximately $5.83B in 2022/23! The cost to the Government is the Research and Development Tax Offset, w… - Tags: [business advisory services](https://www.essbiztools.com.au/daily-posts/tag/business%20advisory%20services) | [R&D Tax Offset](https://www.essbiztools.com.au/daily-posts/tag/R?D_Tax_Offset=) | [Research and Development](https://www.essbiztools.com.au/daily-posts/tag/Research%20and%20Development) | [virtual cfo services](https://www.essbiztools.com.au/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com.au/daily-posts/do-you-know-that-smes-are-spending-billions-on-r-d) [ 26th Jun, 2024![Financial Forecasting Package: Research and Development](https://www.essbiztools.com.au/images/zoo/blogs/bas-updates/BASU2024/basp280724-b.jpg) Financial Forecasting Package: Research and Development Business Advisory Services Update A recent report by the Department of Industry, Science and Resources indicated that the estimated ‘refundable offset’ for “companies with an annual turnover of less than $20M in 2022/23” would be $2… - Tags: [business advisory services](https://www.essbiztools.com.au/daily-posts/tag/business%20advisory%20services) | [Financial Forecasting](https://www.essbiztools.com.au/daily-posts/tag/Financial%20Forecasting) | [Predictive Accounting](https://www.essbiztools.com.au/daily-posts/tag/Predictive%20Accounting) | [Research and Development](https://www.essbiztools.com.au/daily-posts/tag/Research%20and%20Development) | [virtual cfo services](https://www.essbiztools.com.au/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com.au/daily-posts/financial-forecasting-package-research-and-development) [ 25th Mar, 2024![Research and Development lodgement time](https://www.essbiztools.com.au/images/zoo/blogs/bas-updates/BASU2024/basp260324.jpg) Research and Development lodgement time Business Advisory Services Update Accountants who assist SMEs with advice on R&D know that the deadline for the lodgment of the R&D Tax Incentive application – Registration of R&D activities is 30 April 2024. A summary o… - Tags: [business advisory services](https://www.essbiztools.com.au/daily-posts/tag/business%20advisory%20services) | [Predictive Accounting](https://www.essbiztools.com.au/daily-posts/tag/Predictive%20Accounting) | [R&D Tax Incentive](https://www.essbiztools.com.au/daily-posts/tag/R?D_Tax_Incentive=) | [Research and Development](https://www.essbiztools.com.au/daily-posts/tag/Research%20and%20Development) | [virtual cfo services](https://www.essbiztools.com.au/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com.au/daily-posts/research-and-development-lodgement-time) [ 6th Feb, 2024![Deciding to go?](https://www.essbiztools.com.au/images/zoo/blogs/2024/am370banner.jpg) Deciding to go? Accountants Minute 370 The GIANT AWAKENING The '2024 NAB Accounting and Financial Planning Report' revealed that 85% of surveyed Accounting Firms are “offering business strategy”, emphasizing the growing importance of Adv… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com.au/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com.au/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com.au/daily-posts/tag/Business%20Plan) | [Capital Raising](https://www.essbiztools.com.au/daily-posts/tag/Capital%20Raising) | [Corporate Governance](https://www.essbiztools.com.au/daily-posts/tag/Corporate%20Governance) | [Early Stage Innovation Companies](https://www.essbiztools.com.au/daily-posts/tag/Early%20Stage%20Innovation%20Companies) | [Personal Property Securities Register](https://www.essbiztools.com.au/daily-posts/tag/Personal%20Property%20Securities%20Register) | [Predictive Accounting](https://www.essbiztools.com.au/daily-posts/tag/Predictive%20Accounting) | [Research and Development](https://www.essbiztools.com.au/daily-posts/tag/Research%20and%20Development) | [virtual cfo services](https://www.essbiztools.com.au/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com.au/ess-biztools-blogs/deciding-to-go) [ 25th Jan, 2024![WEEKLY REFLECTIONS: Accountants – SMEs need assistance on R&D](https://www.essbiztools.com.au/images/zoo/blogs/bas-updates/BASU2024/baspr24.01.27.jpg) WEEKLY REFLECTIONS: Accountants – SMEs need assistance on R&D Business Advisory Services Update - Tags: [business advisory services](https://www.essbiztools.com.au/daily-posts/tag/business%20advisory%20services) | [R&D Tax Incentive](https://www.essbiztools.com.au/daily-posts/tag/R?D_Tax_Incentive=) | [R&D Tax Offset](https://www.essbiztools.com.au/daily-posts/tag/R?D_Tax_Offset=) | [Research and Development](https://www.essbiztools.com.au/daily-posts/tag/Research%20and%20Development) | [virtual cfo services](https://www.essbiztools.com.au/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com.au/daily-posts/weekly-reflections-accountants-smes-need-assistance-on-r-d) [ 25th Jan, 2024![R&D action!](https://www.essbiztools.com.au/images/zoo/blogs/bas-updates/BASU2024/basp260124.jpg) R&D action! Business Advisory Services Update Companies with turnovers over $20M can also claim the R&D offset but on a different basis to that available for companies with turnovers under $20M. For large companies, the non-refundable R&amp… - Tags: [business advisory services](https://www.essbiztools.com.au/daily-posts/tag/business%20advisory%20services) | [R&D Tax Incentive](https://www.essbiztools.com.au/daily-posts/tag/R?D_Tax_Incentive=) | [R&D Tax Offset](https://www.essbiztools.com.au/daily-posts/tag/R?D_Tax_Offset=) | [Research and Development](https://www.essbiztools.com.au/daily-posts/tag/Research%20and%20Development) | [virtual cfo services](https://www.essbiztools.com.au/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com.au/daily-posts/r-d-action) [ 24th Jan, 2024![Research and Development – time for implementation!](https://www.essbiztools.com.au/images/zoo/blogs/bas-updates/BASU2024/basp250124.jpg) Research and Development – time for implementation! Business Advisory Services Update We have identified that it is a myth that R&D is only for large businesses. We have also mentioned how being proactive in advising SME companies on R&D can be a ‘mainstream service’ for Accou… - Tags: [business advisory services](https://www.essbiztools.com.au/daily-posts/tag/business%20advisory%20services) | [R&D Tax Incentive](https://www.essbiztools.com.au/daily-posts/tag/R?D_Tax_Incentive=) | [R&D Tax Offset](https://www.essbiztools.com.au/daily-posts/tag/R?D_Tax_Offset=) | [Research and Development](https://www.essbiztools.com.au/daily-posts/tag/Research%20and%20Development) | [virtual cfo services](https://www.essbiztools.com.au/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com.au/daily-posts/research-and-development-time-for-implementation) [ 23rd Jan, 2024![Research and Development can be a mainstream service](https://www.essbiztools.com.au/images/zoo/blogs/bas-updates/BASU2024/basp240124.jpg) Research and Development can be a mainstream service Business Advisory Services Update Accountants and bookkeepers who are offering Advisory Services to SME businesses find that there are significant numbers of SMEs who are undertaking Research and Development (R&D) projects. The… - Tags: [business advisory services](https://www.essbiztools.com.au/daily-posts/tag/business%20advisory%20services) | [R&D Tax Incentive](https://www.essbiztools.com.au/daily-posts/tag/R?D_Tax_Incentive=) | [R&D Tax Offset](https://www.essbiztools.com.au/daily-posts/tag/R?D_Tax_Offset=) | [Research and Development](https://www.essbiztools.com.au/daily-posts/tag/Research%20and%20Development) | [virtual cfo services](https://www.essbiztools.com.au/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com.au/daily-posts/research-and-development-can-be-a-mainstream-service) [ 26th Jul, 2023![Research is where innovation starts](https://www.essbiztools.com.au/images/zoo/blogs/bas-updates/bas270723.jpg) Research is where innovation starts Business Advisory Services Update How many of your clients miss out on claiming the Research and Development (R&D) Tax Offset because they are unaware of the rules that relate to claiming legitimate R&D expenditure? Firstly… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com.au/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com.au/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com.au/daily-posts/tag/Business%20Plan) | [innovation](https://www.essbiztools.com.au/daily-posts/tag/innovation) | [Predictive Accounting](https://www.essbiztools.com.au/daily-posts/tag/Predictive%20Accounting) | [R&D Tax Offset](https://www.essbiztools.com.au/daily-posts/tag/R?D_Tax_Offset=) | [research and development](https://www.essbiztools.com.au/daily-posts/tag/research%20and%20development) | [virtual cfo services](https://www.essbiztools.com.au/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com.au/daily-posts/research-is-where-innovation-starts) [ 25th Jul, 2023![Services for businesses on the innovation journey](https://www.essbiztools.com.au/images/zoo/blogs/bas-updates/bas260723.jpg) Services for businesses on the innovation journey Business Advisory Services Update Many SMEs are seeking advice and guidance from accountants on more than taxation. The “Innovation Journey” is one of those key areas that some entrepreneurial SMEs are undertaking and they require as… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com.au/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com.au/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com.au/daily-posts/tag/Business%20Plan) | [government grants](https://www.essbiztools.com.au/daily-posts/tag/government%20grants) | [Predictive Accounting](https://www.essbiztools.com.au/daily-posts/tag/Predictive%20Accounting) | [R&D Tax Offset](https://www.essbiztools.com.au/daily-posts/tag/R?D_Tax_Offset=) | [research and development](https://www.essbiztools.com.au/daily-posts/tag/research%20and%20development) | [virtual cfo services](https://www.essbiztools.com.au/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com.au/daily-posts/services-for-businesses-on-the-innovation-journey) [ 3rd May, 2023![SMEs to share $2.54B in R&D](https://www.essbiztools.com.au/images/zoo/blogs/bas-updates/bas040523.jpg) SMEs to share $2.54B in R&D Business Advisory Services Update Companies with turnovers under $20million who are eligible for the R&D refundable tax offset are estimated to earn $2.54billion in 2022/23 financial year, according to data released by the Depart… - Tags: [Budgets and Cashflow Forecasts](https://www.essbiztools.com.au/daily-posts/tag/Budgets%20and%20Cashflow%20Forecasts) | [business advisory services](https://www.essbiztools.com.au/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com.au/daily-posts/tag/Business%20Plan) | [R&D tax incentive](https://www.essbiztools.com.au/daily-posts/tag/R?D_tax_incentive=) | [research and development](https://www.essbiztools.com.au/daily-posts/tag/research%20and%20development) | [virtual cfo services](https://www.essbiztools.com.au/daily-posts/tag/virtual%20cfo%20services) Read more ](https://www.essbiztools.com.au/daily-posts/smes-to-share-2-54b-in-r-d) [ 13th Mar, 2023![Maximising R&D tax benefits: a guide for accountants and bookkeepers](https://www.essbiztools.com.au/images/zoo/blogs/2023/am347mainblank.jpg) Maximising R&D tax benefits: a guide for accountants and bookkeepers Accountants Minute 347 Accounting News Maximising R&D tax benefits: a guide for accountants and bookkeepers By Peter Towers – ESS BIZTOOLS Pty Ltd SME owners value advisors who can offer more than just tax complianc… - Tags: [Capital Raising](https://www.essbiztools.com.au/daily-posts/tag/Capital%20Raising) | [R&D Tax Offset](https://www.essbiztools.com.au/daily-posts/tag/R?D_Tax_Offset=) | [Research and Development](https://www.essbiztools.com.au/daily-posts/tag/Research%20and%20Development) | [virtual CFO services](https://www.essbiztools.com.au/daily-posts/tag/virtual%20CFO%20services) Read more ](https://www.essbiztools.com.au/ess-biztools-blogs/maximising-r-d-tax-benefits-a-guide-for-accountants-and-bookkeepers) [ 27th Jan, 2023![Implementing your client's vision](https://www.essbiztools.com.au/images/zoo/blogs/2023/am344main2.jpg) Implementing your client's vision Accountants Minute 344 Accounting News Implementing your client’s vision By Peter Towers – ESS BIZTOOLS Pty Ltd “I need help attracting investors for a new product that I have developed.” Sound familiar? It’s a commen… - Tags: [Accountants Minute](https://www.essbiztools.com.au/daily-posts/tag/Accountants%20Minute) | [business advisory services](https://www.essbiztools.com.au/daily-posts/tag/business%20advisory%20services) | [Business Plan](https://www.essbiztools.com.au/daily-posts/tag/Business%20Plan) | [Capital Raising](https://www.essbiztools.com.au/daily-posts/tag/Capital%20Raising) | [R&D Tax Offset](https://www.essbiztools.com.au/daily-posts/tag/R?D_Tax_Offset=) | [Research and Development](https://www.essbiztools.com.au/daily-posts/tag/Research%20and%20Development) | [s100A](https://www.essbiztools.com.au/daily-posts/tag/s100A) | [Selling Advisory Services](https://www.essbiztools.com.au/daily-posts/tag/Selling%20Advisory%20Services) | [The BOSS Factor](https://www.essbiztools.com.au/daily-posts/tag/The%20BOSS%20Factor) Read more ](https://www.essbiztools.com.au/ess-biztools-blogs/implementing-your-client-s-vision) [ 6th Aug, 2021![Product Packages Assist Diversification](https://www.essbiztools.com.au/images/zoo/blogs/2021/am283.jpg) Product Packages Assist Diversification Accountant's Minute 283 What is your firm’s point of difference? From a SMEs’ point of view most accountancy firms look the same – the majority provide a service relating to the preparation of annual financial account… - Tags: [Accelerating Commercialisation Grant](https://www.essbiztools.com.au/daily-posts/tag/Accelerating%20Commercialisation%20Grant) | [Key Performance Indicators](https://www.essbiztools.com.au/daily-posts/tag/Key%20Performance%20Indicators) | [Research and Development](https://www.essbiztools.com.au/daily-posts/tag/Research%20and%20Development) | [The CommBank Accounting Market Pulse](https://www.essbiztools.com.au/daily-posts/tag/The%20CommBank%20Accounting%20Market%20Pulse) Read more ](https://www.essbiztools.com.au/ess-biztools-blogs/product-packages-assist-diversification) [ 9th Apr, 2021![Legal Issues Relative to Research & Development](https://www.essbiztools.com.au/images/zoo/blogs/2021/am267.jpg) Legal Issues Relative to Research & Development Accountant's Minute 267 In the most recent ESS BIZTOOLS’ Business Advisory Services Webinar/Conversation, Matthew Karakoulakis, Principal Legal Officer of AMK Law discussed with Peter Towers, Managing Director, ESS BIZTOOLS… - Tags: [Boost Legal Template](https://www.essbiztools.com.au/daily-posts/tag/Boost%20Legal%20Template) | [Confidentiality Agreement](https://www.essbiztools.com.au/daily-posts/tag/Confidentiality%20Agreement) | [Nondisclosure Agreement](https://www.essbiztools.com.au/daily-posts/tag/Nondisclosure%20Agreement) | [Research and Development](https://www.essbiztools.com.au/daily-posts/tag/Research%20and%20Development) | [Research and Development Incentive Rebate](https://www.essbiztools.com.au/daily-posts/tag/Research%20and%20Development%20Incentive%20Rebate) | [Trade Secret Agreements](https://www.essbiztools.com.au/daily-posts/tag/Trade%20Secret%20Agreements) Read more ](https://www.essbiztools.com.au/ess-biztools-blogs/legal-issues-relative-to-research-development) [ 26th Feb, 2021![Predictive Accounting Services Required By Businesses](https://www.essbiztools.com.au/images/zoo/blogs/2021/AM261.jpg) Predictive Accounting Services Required By Businesses Accountant's Minute 261 Many businesses are facing an uncertain economic future and will be looking to their accountants/business advisors/bookkeepers to give them advice as to what the future holds for them. The… - Tags: [Key Performance Indicators](https://www.essbiztools.com.au/daily-posts/tag/Key%20Performance%20Indicators) | [PlanGuru](https://www.essbiztools.com.au/daily-posts/tag/PlanGuru) | [Predictive Accounting](https://www.essbiztools.com.au/daily-posts/tag/Predictive%20Accounting) | [Research and Development](https://www.essbiztools.com.au/daily-posts/tag/Research%20and%20Development) | [Selling the Message](https://www.essbiztools.com.au/daily-posts/tag/Selling%20the%20Message) | [SME Needs' Analysis](https://www.essbiztools.com.au/daily-posts/tag/SME%20Needs'%20Analysis) | [Succession Planning](https://www.essbiztools.com.au/daily-posts/tag/Succession%20Planning) Read more ](https://www.essbiztools.com.au/ess-biztools-blogs/predictive-accounting-services-required-by-businesses)