EMDG applications closing end Nov – What can your clients claim?

Do you have clients who are exporting or proposing to export?

If so, they could be eligible to apply for the Australian government’s Export Market Development Grant.

Applications in respect of eligible export market development expenditure for the year ended 30^th June 2016 closes on 30^th November 2016.

There’s a wide range of eligible expenditure under this grant, including:

• Overseas representation – subject to a maximum of $200,000 per application
• Marketing consultants/professional fees from the engagement of short-term market development consultants – subject to a maximum of $50,000 per application
• Overseas market visits incorporating airfares – only 65% of first class airfares may be claimed
• Accommodation, living and entertainment allowance – maximum of $300 per day
• Taxi fares and departure taxes
• Communication costs relative to telephone, facsimile, email, posting, internet expense
• Product samples being supplied to customers or potential customers
• Trade fairs, seminars and install promotions
• Promotional material covering items such as advertising, brochures, samples, stationery, videos, CDs
• Overseas buyers – cost of bringing overseas buyers to Australia – maximum of $7.500 per buyer per visit with a maximum of claim under this category of $45,000

To be eligible for the Export Market Development Grant, the applicant can be any type of business entity but has to be the principal for the export transaction.  Claims can be made on 50% of the eligible expenses, to a maximum claim of $150,000.  First time applicants can combine two years of activities to accumulate expenses in excess of the minimum expense amount of $15,000

If you would like to receive a complimentary copy of the special article we produced on the Export Market Development Grant, please send an email to peter@essbiztools.com.au.

Peter Towers | Managing Director, ESS BIZTOOLS

peter@essbiztools.com.au

• About
• Latest Posts

Peter Towers

Managing Director at ESS BIZTOOLS

Managing Director of Enterprise Support Systems Pty Ltd and creator of ESS BIZTOOLS and ESS BIZGRANTS, Peter Towers, has had a career that includes twenty-three years as a Principal of a Public Practice in Townsville and ten years in Commerce, six years of which was as Chief Financial Officer/Company Secretary of a Listed Public Company on the Australian Stock Exchange.

Latest posts by Peter Towers (see all)

• Preparing to deliver advisory services - 2 April 2024
• Two Research and Development Myths Debunked! - 1 February 2024
• The Giant Awakening - 21 January 2024