Our People

Biography

Based in our Perth office, Steve is a Principal in the Tax Services division, providing specialist R&D tax incentive consulting services. 

Since 2007, Steve has provided R&D tax advice to a range of diverse industries across Australia. Prior to joining RSM in 2012, Steve was a member of the R&D tax incentive group at a big four accounting firm.

"I am motivated by delivering strong outcomes for clients, growing and developing our staff and continuous learning and development."

Preceding his R&D tax incentives career, Steve worked as an industrial chemist where his responsibilities included the development and synthesis of various products and substrates and the introduction and application of these into client operations.

Steve is authentic in his approach to work and life, which allows him the benefit of forging new and sustaining relationships with clients and contacts. Outside of work Steve enjoys watching soccer and AFL.

Solutions Steve provides

Steve has responsibilities and experience in all aspects of the R&D claims process, including:

  • Tax servicesEducating clients on the R&D eligibility criteria, both technical and financial
  • Conducting project interviews to gather appropriate information to assess, prepare and support R&D tax incentive claims
  • Preparation and lodgement of R&D tax incentive applications
  • Analysis of detailed financial data and preparation of eligible R&D expenditure
  • Assistance with and attendance at AusIndustry and ATO reviews and audits
  • Advising and implementing R&D capturing, management and record-keeping practices
  • Assisting R&D claimants with contemporaneous processes to support and substantiate their R&D claims

Significant projects

Major projects Steve has been responsible for include:

  • Tax servicesPreparing and lodging R&D Tax Incentive claims for a wide range of industries including Science, Technology / IT, Mining, Agriculture and Engineering disciplines

  • Assisting first-time R&D claimants with commencing, growing and sustaining annual R&D claims

  • Assisting companies with R&D debt-financing requirements

  • Working with multi-national companies to access R&D incentives across international jurisdictions

  • Early Stage Innovation Company (ESIC) services including eligibility analysis and preparation

  • Government and Industry Grants services including eligibility analysis, preparation and lodgement of applications

PROFESSIONAL ASSOCIATIONS

  • Graduate Member, Australia Institute of Company Directors (GAICD)

  • Licensing Executive Society Australia New Zealand (LESANZ)

QUALIFICATIONS

  • Bachelor of Science (Honours) - Chemistry, The University of Western Australia

  • Master of Business Administration (MBA), The University of Western Australia

  • Company Directors Course Diploma (GAICD), Australian Institute of Company Directors

  • PRINCE2 Foundations
Publications

The 2022 State of Agribusiness in Australia

21 April 2022
The 2022 State of Agribusiness in Australia report provides an overview of the challenges the industry currently faces, along with recommendations and insights from industry leaders that will let agricultural players harness more opportunities and strengthen their position in the market. ...

Early Stage Innovation: An overview of the ESIC tax concession

29 March 2022
In order to encourage new investment in small Australian innovation companies with high-growth potential, the Government has introduced two ESIC tax concessions. These are available from 1 July 2016 to qualifying investors who invest in an Early Stage Innovation Company (‘ESIC’). These comprise of:  The Early Stage Investo...

Modern Manufacturing Initiative (MMI) | Round 2 (Translation)

14 December 2021
Translation Stream - Round 2 The Modern Manufacturing Initiative (MMI) is a $1.3 billion initiative targeted at all businesses growing Australia’s Manufacturing capacity, building scale, and supply chain resilience. It will operate for four years from 2020-21 to 2023-24 and is the signature program of the Australian Federal Government’s $...

Modern Manufacturing Initiative (MMI) | Round 2 (Integration)

13 December 2021
Integration Stream - Round 2 The Modern Manufacturing Initiative (MMI) is a $1.3 billion initiative targeted at all businesses growing Australia’s Manufacturing capacity, building scale, and supply chain resilience. It will operate for four years from 2020-21 to 2023-24 and is the signature program of the Australian Federal Government’s $...

Supply Chain Resilience Initiative Grant | Round 2

13 December 2021
The $107 million Supply Chain Resilience Initiative (SCRI) was established as part of the Modern Manufacturing Strategy and runs over four years from 2020-21 to 2023-24. This SCRI Round 2 provides up to $2 million to establish or scale a manufacturing capability or a related activity to address supply chain vulnerabilities for a critical product...

Medical Research Future Fund

10 November 2021
The Research Data Infrastructure Initiative (RDII) forms part of the Australian Government’s $20 billion Medical Research Future Fund (MRFF). $80 million over 8 years has been committed to the RDII and is targeting the creation or extension of national research data infrastructure. The MRFF and related initiatives provide a long-term sust...

Cyber Security Skills partnership Innovation Fund - Round 2

28 October 2021
The $70.3 million Cyber Security Skills Partnership Innovation Fund (CSSPIF) forms part of Australia’s Cyber Security Strategy 2020 and was developed in recognition that skilled cyber professionals are essential for keeping Australians secure online, and to underpin government and industry capability and capacity. ELIGIBLE APPLICANTS: ...

Cooperative Research Centers Program

26 October 2021
The Cooperative Research Centre Project (CRC-P) Grants Round 12, supports industry-led collaborations between industry, researchers and the community. The program is a proven model for linking researchers with industry to focus on research and development towards use and commercialisation. The Australian Government has announced a total of $7...

Carbon capture, use and storage hubs and technologies | Hubs stream

12 October 2021
The Carbon Capture, Use and Storage Hubs and Technologies Program (CCUS) is a $250 million initiative that runs over 10 years to 30 June 2031 and is targeted at businesses that have a focus on the design and construction of shared CCUS infrastructure between multiple co-located emitters and viable CO2 storage sites. It is a key component of the ...

Carbon capture, use and storage hubs and technologies | Technologies stream 

11 October 2021
The Carbon Capture, Use and Storage Hubs and Technologies Program (CCUS) is a $250 million initiative that runs over 10 years to 30 June 2031 and is targeted at businesses that have a focus on supporting collaboration and innovation in CCUS technologies and the identification and development of viable CO2 storage sites. It is a key component of ...

Tax Insights | August 2021 edition

27 August 2021
In our August edition of Tax Insights, we look at MMI applications, tax deductions related to "vacant" land, and COVD key assistance measures. 

Manufacturing Collaboration Stream - The Modern Manufacturing Initiative (MMI)

27 July 2021
The Modern Manufacturing Initiative (MMI) is a $1.3 billion initiative targeted at all businesses growing Australia’s Manufacturing capacity, building scale, and supply chain resilience. It is the signature program of the Australian Federal Government’s $1.5 billion Modern Manufacturing Strategy, which was announced at the October 2020 Fede...

GIGs – Are they worthy for your startup?

19 July 2021
Government and Industry Grants (GIGs) are available throughout the year via Federal, State (Territory) and Local Government programs along with funding announcements by other private and industry organisations (e.g. universities, CSIRO, etc.). Generally, these organisations provide GIGs funding assistance to business and industry in recognition ...

Risk Insider Newsletter - Edition #8

8 June 2021
After a slow start, investor and regulator attitudes towards environmental sustainability have started to evolve. It is no longer seen as just a nice to have - changing regulations mean environmental sustainability credentials will have a significant impact on investment decisions. 

Start Up Insights - Podcast

3 June 2021
Steve Elias and Gavin Stacey are featured in the latest podcast from Start Up News. Steve and Gavin each have helped hundreds of local startups on their R&D tax claims, grant applications, ESIC, planning, advisory and fund-raising. They share their insights on what it takes to make a successful startup. “When I first start...

How to value your business

12 May 2021
The process of business valuation takes time and requires you as a business owner, to understand your company inside out to ensure a solid foundation when looking to grow or exit your business. Knowing the value of your company can assist you in: raising debt or equity for your business; a merger or acquisition; or issuing shares as a ...

The Modern Manufacturing Initiative (MMI)

10 March 2021
The Modern Manufacturing Initiative (MMI) is a $1.3bn initiative targeted at all businesses growing Australia’s Manufacturing capacity, building scale, and supply chain resilience.  The MMI program is the signature program of the Australian Federal Government’s $1.5bn Modern Manufacturing Strategy, which was announced at the O...

Making sense of eligible Research and Development tax incentives

15 February 2017
Does your company conducts Research & Development (R&D)? Did you know: you may qualify for tax incentives (45 cents per $1 spent!) View our tax concession examples.