Navigating the Junior Minerals Exploration Incentive (JMEI) Scheme

Applications open 1 June 2022 – don’t miss out!

This session provides practical guidance to applying, generating and distributing exploration credits to eligible investors under the JMEI Scheme.

As part of the 2021 Federal Budget, the Government announced that it will invest a further $100 million over four years to extend the Junior Minerals Exploration Incentive (JMEI) to June 2025.

The JMEI incentivises new investment by allowing entities to generate and distribute tax credits to new investors, in exchange for forgoing carried forward losses.

Applications for the 2022-23 year open on 1 June 2022, with exploration credits allocated on a first come, first serve basis until the exploration credit cap is exhausted.

During the webinar, you will gain an in-depth understanding of the JMEI, including:

• Overview of the JMEI;
• Eligibility requirements;
• Application process & timing;
• Creating & distributing exploration credits;
• Investor entitlement; and
• A working case study, applying the above to a practical set of facts.

For any junior explorers attempting to raise equity, the JMEI is an attractive scheme incentivising new investment.

Learning Outcomes:

Attendees can expect to complete the webinar with a detailed understanding of the eligibility requirements under the JMEI, including how to apply for a credit allocation, and what steps are required in order to generate and distribute exploration credits to eligible investors.

Suited to:

This webinar is suited to all accountants, tax practitioners and other professionals within the junior explorer space, navigating the JMEI scheme.

This On Demand includes: 

• a recording of the webinar Event which can be viewed multiple times
• a PDF of the presenter’s PowerPoint
• a verbatim Transcript
• any supporting documentation
• a CPD Certificate after successful completion of the Knowledge Quiz