• Under the EMDG program, certain intellectual property protection costs (such as patents or trademarks) may be eligible for reimbursement. For businesses that have lodged patents or trademarks in a holding company, but are exploiting them through a separate operating company, an assignment must exist between the companies prior to 30 June 2013 in order for the patent and trademark costs to form part of an eligible EMDG application.
  • For businesses that have incurred IP related costs in an overseas jurisdiction, up to $50,000 in eligible IP costs can be claimed as part of an eligible EMDG application. If a claimant has yet to reach the $50,000 limit for the 2013 financial year, it may be worthwhile considering what costs could be brought forward and incurred by 30 June 2013. Bringing such expenditure forward will enable access to an EMDG refund for this expenditure in the 2013 financial year funding round, rather than pushing the claim expenditure into the 2014 financial year.
  • If relevant expenditure is ‘incurred’ close to 30 June, ensure such costs are ‘acquitted’ by 30 June, in order to ensure the maximum possible EMDG claim.