Did you know that if you are developing your export market and have spent at least $20,000 over the last 2 years, the Government will reimburse up to 50% of your expenses above $10,000?
The Export Market Development Grant (EMDG) is available to eligible businesses with incomes less than $50 million. If your business and business activities are eligible, you can access up to seven grants in the year.
To access the scheme for the first time, you need to have spent $20,000 over two years on eligible export marketing expenses. The grant covers:
- The export of goods and services
- Inbound tourism
- Export of intellectual property or know how
- Conferences and events held in Australia
Applications for the 2011/2012 grant year opened on 1 July, 2012 and close 30 November, 2012.
Chances are, you are already doing some of these things – why not let the Government help support your efforts?
Let us know
if you want us to help you assess your eligibility and access the EMDG.
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Last updated August 2012. This article is provided for information purposes only and should not be used in place of advice from your accountant. Please contact us on 02 9957 4033 to discuss your specific circumstances.
This article is provided for information purposes only and correct at the time of publication. It should not be used in place of advice from your accountant. Please contact us on 02 9957 4033 to discuss your specific circumstances.