AusIndustry Gov4U Advice, Support & Programmes From the - PowerPoint PPT Presentation

AusIndustry Gov4U Advice, Support & Programmes From the Australian Government To help you plan, start, grow & sustain successful Businesses in Wyndham John Macdonald Assistant State Manager Victoria AusIndustry - Business Services

AusIndustry - the Australian Government’s key agency for business assistance, programmes & services AusIndustry is part of the Department of Industry, Innovation and Science and puts the needs of Australian businesses first by simplifying and streamlining access to government information, services & advice AusIndustry offers businesses of all sizes: • Expert advice from our business network around Australia, such as: o Essential information on planning, starting & running a business o Insights into business improvement strategies o Referrals to business programmes such as the Entrepreneurs’ Programme, Industry Skills Fund and the R&D Tax Incentive A consolidated online presence at www.business.gov.au (NB: This website has just been upgraded and enhanced – and • you can also register for programme updates) www.business.gov.au also offers Web chat so you can chat online if you have a question • A contact support line Phone 13 28 46 - open 8am - 8pm nationally M-F (closed Australian National Public Holidays) •

The new www.business.gov.au is here

Data to help you Plan, Start & Grow Your Business Australian Bureau of Statistics (ABS) The ABS has a wide range of data to assist SMEs with market research, profiling customers and planning a business case ABS can help you with data to understand more about: Your community, region (inc Census data) and Industry Sector • Business Demography @ a Glance • The Social and Economic climate via: • o Key Economic Indicators Business Indicators o ABS flagship publications such as Australian Social Trends o http://www.abs.gov.au/websitedbs/d3310114.nsf/home/services+we+provide+to+small+business •

Tax Info to help you Plan, Start & Grow Your Business Australian Tax Office (ATO) Small Business Tax Related information including: Starting a small business • Running a small business • How we can help • Managing invoices, payments and record keeping • Buying and selling goods and services (GST) • Business income and deductions • Engaging workers • Your business premises • https://www.ato.gov.au/Business/Your-business Growing your business • Selling or closing your business • Your business type •

Tax Info to help you Plan, Start & Grow Your Business Australian Tax Office (ATO) Small Business Benchmarks A guide to help you compare your business performance against similar businesses and competitors in the same industry Business performance check tool - Available now on the ATO app Also available: business viability assessment tool to check the health of your business • personal living expenses guide to ensure your income can cover your business expenses • https://www.ato.gov.au/Business/Small-business-benchmarks/

More AusIndustry support for Small Businesses Australian Small Business Advisory Service (ASBAS) We fund ASBAS providers to deliver low cost business advice and information services to SMEs: • Financial Analysis & Planning • Business Planning • Making the most of your talent and team • Management Capabilities • Digital engagement implementation • Mentoring & Counselling Providers include Business Enterprise Centres, TAFEs & Chambers of Commerce http://www.business.gov.au/grants-and-assistance/ australian-small-business-advisory-services/Pages/default.aspx

From U/E to Planning, Starting and Growing Your Business The New Enterprise Incentive Scheme (NEIS) NEIS provides eligible unemployed job seekers with accredited small business training, business mentoring, and income • support to help them turn a business idea into a viable business NEIS can provide you with accredited small business • training, business advice and mentoring for the first year of your business operating, as well as income support for up to 39 weeks NEIS is delivered by 21 NEIS providers • right around the country See https://employment.gov.au/new-enterprise-incentive-scheme-neis •

Get the Right Staff to help Grow Your Business Australian JobSearch offers businesses: • A free online recruitment service funded by the Australian Government • Free advertising of your vacancy on a high profile online jobs board • Access to the latest workforce and recruitment information, such as: Job Active providers o Apprenticeship and Trainee info o Info on Working Conditions o Access to Wage Subsidies o • Hotline 13 17 15 • http://jobsearch.gov.au/provider/connectionsforquality.aspx

Save Tax on Corporate Branding The Textile, Clothing and Footwear (TCF) Corporate Wear Register • The TCF Corporate Wear Register allows employers to register non-compulsory occupational clothing: o Employers are exempt from FBT on any contributions they make toward the uniform o Employees are eligible for tax deductions for expenses incurred in the rental, purchase or maintenance of the approved uniform o Tax deductions are determined by the ATO - call 13 28 61 • Items not allowed include: o Job-specific clothing (eg chef's check pants) o Compulsory uniforms o Protective clothing • Register at https://www.business.gov.au/assistance/textile-clothing-and-footwear-corporatewear-register

Innovation and R&D The R&D Tax Incentive • A broad based, market driven entitlement programme • Over $2 billion @ year • For all industries, all company sizes • To encourage more businesses to carry out R&D (especially SMEs) • Jointly delivered by AusIndustry & ATO • More targeted definition of eligible R&D Partnerships, tax exempt entities, and Sole Traders & Trusts are excluded

Innovation and R&D The R&D Tax Incentive Typically need notional deductions of at least $20k @ year (claim in arrears <10 months after end of tax year) • 45% refundable tax offset for eligible entities with an aggregated turnover <$20m • 40% non-refundable tax offset for eligible entities with an aggregated turnover > $20m • Must keep records of activities and expenditure • Unsure if you are eligible? • Try our online interactive eligibility tool www.business.gov.au

Intellectual Property (IP) Understand and Protect Your Valuable IP IP Australia • The Australian Government agency that administers / maintains the Registers of the Patents, Designs, Trade Marks and Plant Breeder's Rights • By granting IP rights, IP Australia helps: • Create a secure environment for investment in innovation • Enable firms to build brand value and business reputation • Encourage the disclosure of inventions and the transfer of knowledge and technology • Provide a legal framework for trading intellectual assets • Call 1300 651 010 • www.ipaustralia.gov.au

Intellectual Property (IP) Understand and Protect Your Valuable IP Intellectual Property Explorer • Developed by the Governments of Australia, Hong Kong and Singapore • A series of interactive diagnostic questions designed to review each piece of intellectual property in your business • http://intellectualpropertyexplorer.com Innovation Toolbox • Developed by the Queensland Government & Australian Institute of Commercialisation • A step by step guide through the whole innovation / IP journey • www.innovationtoolbox.com.a u

The Personal Property Securities Register (PPSR) Protect Your Valuable Personal Property Does your business…..… Sell or hire on terms? • Do you buy second items, such as vehicles, machinery or equipment? • When buying goods Searching the register allows you to check whether the valuable goods you want to buy • are debt free and so safe from possible repossession When selling on retention of title or consignment, or hiring or leasing out goods Registering your property & protect your interest if your customers don’t pay or go broke! • Here’s a link to two videos that we recommend: PPSR – basic business uses https://www.youtube.com/embed/6Haa-TzxpJU • PPSR – quick motor vehicle checks https://www.youtube.com/embed/I-lPnFtuWq8 • It’s just $3.40 to do a search and PPSR registrations start from $6.80! Discover more in the PPSR Business Guide, or at https://www.ppsr.gov.au/business-resources

Driving Innovation, Productivity & Competitiveness Industry Growth Centres established for 6 Key Sectors Industry Growth Centres are an industry-led approach to drive innovation, productivity and competitiveness by focusing on areas of competitive strength & strategic priority, such as: • Advanced Manufacturing - enquiries@amgc.org.au • Cyber Security - industrygrowthcentres@industry.gov.au • Food and Agribusiness - info@fial.com.au • Medical Technologies & Pharmaceuticals - mtpconnect.org.au • Mining Equipment, Technology and Services - enquiries@metsignited.org • Oil, Gas and Energy Resources Growth Centre - contact@nera.org.au Industry Growth Centres will focus on key issues such as deregulation, skills, collaboration and commercialisation Industry Growth Centres will also engage with enabling services and technologies (eg ICT) where they provide direct support to the growth sectors. See http://www.industry.gov.au/industry/Industry-Growth-Centres/Pages/default.aspx