Budget 2022-23 | Director ID | Buying and selling COVID-19 RAT kits

[View this email in your browser]( [header_logo]( Newsletter 5 April 2022 [section_one_image] How does the budget affect your business? Find out what the 2022-23 Budget means for your business, we have a breakdown of all the Budget measures for Australian business owners. [Find out more]( [section_two_image] Director Identification Number (director ID) All directors of companies, registered foreign companies, or Aboriginal and Torres Strait Islander corporations must apply for a director ID. A director ID is a 15-digit identifier given to a director (or someone who intends to become a director) who has verified their identity with the Australian Taxation Office (ATO). Find out when and how to apply. [Find out more]( [section_3_image] Buying and selling COVID-19 rapid antigen test kits As the colder months approach it’s important to plan how you will maintain your supply of rapid antigen test kits in your business. If your business buys or sells rapid antigen test kits, there’s information to help you understand your responsibilities and find best practice tips to be prepared for the months ahead. [Find out more]( Grants to establish Artificial Intelligence and Digital Capability Centres The Artificial Intelligence and Digital Capability Centres Grants are now open for applications. Funding of up to $11 million will be provided for the establishment of 4 new AI and Digital Capability Centres. The Centres will act as a front door for SMEs to access expertise to improve their AI skills to understand and adopt AI products in their businesses. [Learn more]( [section_two_image] 10 Aussie businesses to solve information accessibility challenges to support AMR Funding from the Business Research and Innovation Initiative (BRII) Automatic mutual recognition of occupational registrations (AMR) round has been announced to support innovative solutions to conduct feasibility studies to improve information sharing to make it easier for businesses to take up interstate job opportunities. [Learn more]( Customer story: Babaji’s Kitchen Babaji’s Kitchen specialises in bringing South Indian culture to life through food. Government support helped the restaurant use social media to diversify their business and engage with customers in new ways. Watch their story to find out how it can help your business too. [Watch the video]( [section_3_image] Round 12 CRC-P grants announced and round 13 now open We’re investing in over $32 million in 13 business-research collaborative projects through the Cooperative Research Centre Projects (CRC-Ps) Program. The projects showcase a range of innovative technologies, helping create mRNA-based therapeutics and clean energy inventions, as well as other incredible job-creating solutions to improve our lives. Round 13 is now open. [Learn more]( Reminder: Backup your data now The Australian Cyber Security Centre’s (ACSC) Act Now Stay Secure campaign advises individuals and businesses to perform regular backups on their devices to protect their valuable information. Regular backups make it faster and easier to restore your files if they become lost, stolen, or compromised. Check out ACSC's guides for updated step-by-step guidance on how to implement backup options on your different devices. [Learn more]( [section_two_image] Grants open to give young Australians STEM opportunities Are you a business that can help deliver inquiry-based science, technology, engineering and mathematics (STEM) related activities to students and youth under 18 years of age? The Maker Projects – Community STEM Engagement grants are now open. Businesses and other eligible organisations may receive between $20,000 and $100,000 over 2 years for their projects, if their applications are successful. [Find out more]( eInvoicing can save you time and money eInvoicing streamlines the exchange and processing of invoices, with invoices automatically appearing digitally in software. It removes the need for manual entry, reduces errors, limits missing and incorrect information and eliminates lost invoices. With Peppol, invoices are sent directly to your trading partner’s software using their ABN, so the right information gets to the right contact in seconds. eInvoicing is becoming increasingly available in major accounting software products and is inexpensive, so getting started is easy. With eInvoicing, you can save time, get paid faster and make better business decisions based on accurate and real-time financial information. [Find out more]( [section_two_image] Planning to apply for the R&D Tax Incentive? If your company’s income year ended on 30 June 2021, the deadline to submit your R&D Tax Incentive application for the 2020/21 income year is only three weeks away! All applications must be submitted through the R&D Tax Incentive customer portal by Tuesday 3 May 2022. [Apply now]( [section_3_image] Regulations remade to support R&D Tax Incentive The Industry Research and Development Regulations 2022 and Decision-making Principles 2022 are now in effect, replacing the 2011 versions of these instruments. While there are minimal changes to the forms and information required for companies registering for the R&D Tax Incentive and Research Service Providers, you will need to select the ANZSRC 2020 codes you register under (previously registration was under ANZSRC 2008). [Read more about the changes]( [section_two_image] R&D Tax Incentive determination for clinical trials R&D Tax Incentive Determination for clinical trials now available. The determination will streamline R&D registration and Advance and Overseas Finding applications for the biotechnology sector. [Find out more]( [section_3_image] Celebrate the small wins in your business Big goals don't happen overnight, so celebrate all the small wins along the way. Find out how to redefine your wins and how to celebrate. [Learn more]( Find government assistance, grants and events Use our finder tools to explore government services available to help businesses. [Events and training]( [Grants and programs]( [Expertise and advice]( [social_icon]( [social_icon]( [social_icon]( [social_icon]( business.gov.au - simple access to useful information and services for Australian businesses. Your email address {EMAIL} is subscribed to the business.gov.au news email list. [Unsubscribe](