ÿþ<html> <head> <meta http-equiv="content-type" content= "text/html; charset=ansi-code"> <title>MyProject - How financially viable is your project?</title> <meta name="description" content="MyProject is a computer package that helps the user assess the financial viability of investment projects after the imposition of a wide range of income and capital gains taxes and royalties."> <meta name="keywords" content="financial, financial viability, business income taxation, business income tax, business taxation, business tax, income tax policy, income taxation policy, taxation of investments, income from investments, business income tax policy, business income taxation policy, capital gains tax, capital gains taxation, CGT, tax revenue, income tax revenue, taxation revenue, income taxation revenue, tax revenue estimation, income tax revenue estimation, taxation revenue estimation, income taxation revenue estimation, neutrality, neutral taxation, neutral tax, business investment, business investments, wayne mayo, financial assets, borrowings, depreciating assets, appreciating assets, marginal assets, marginal projects, inframarginal assets, inframarginal project, above marginal project, nominal income, real income, cash flow, cash flows, rate of return, rates of return, net present value, NPV, RoR, effective tax rate, effective tax rates, nominal effective tax rate, real effective tax rate, leasing, leasing versus borrowing to buy, sinking fund, sinking fund analysis, resource rent taxes, rent taxes, economic rent, royalties, unit royalties, ad valorem royalties, profit royalties, cash flow tax, cash flow taxes, cash flow royalties, computer model, computer package, computer, computer analysis, software, research, mining and petroleum, vineyard, download "> <style> h1 {font-size = 16pt; color: brown; font-weight: bold} h2 {font-size = 10pt; color: brown; font-weight: bold} </style> </head> <body leftmargin="20" topmargin="0" marginwidth="20" marginwidth="0" link="brown" vlink="dark orange" alink="peru" bgcolor="#ffffcc"> <style type="text/css"> <!-- .downtext2{color="darkbrown"} .downtext3{color="brown"} --> </style> <table> <tr> <td width=30% align="left" valign="top"><b><font size="10" color="red">"</font></b> <b><font size="6" color="brown">MyProject</font></b> <b><font size="3" color="brown">®</font></b></td> <td><p align="left"><b><font size="6" color="brown">MyProject: a software tool for vetting project viability</font></b></p></td> </tr> </table> <hr width="100%" size="1" color="brown" align="centre" noshade> <a href="downloadsite.html">Download MyProject software</a> &nbsp;&nbsp;&nbsp;&nbsp; <script language="JavaScript" type="text/javascript"> <!-- var addr1 = "mailto:" var addr2 = "waynemayo" var addr3 = "@" var addr4 = "kyscope.com.au" document.write('<a href="' + addr1 + addr2 + addr3 + addr4 + '">') document.write('Contact the developer</a>') //--> </script> &nbsp;&nbsp;&nbsp;&nbsp;<a href="http://www.kyscope.com.au/developer.html">About the developer</a> &nbsp;&nbsp;&nbsp;&nbsp;<a href="cashflowtaxes.html">Neutral cash flow taxes</a> <br> <hr width="100%" size="1" color="brown" align="centre" noshade> <img src="Illustration.jpg" width="60%" align="right" alt="MyProject mining example" hspace="10" vspace="5"> <font size="4" color="brown">Is your investment project financially <br>viable?<br> What impact does taxation have on your project's viability?<br> What are tax revenue effects of changing tax treatment?</font> <p><b><font size="3" color="brown">MyProject</font></b><font size="3" color="brown">®</font> helps determine the financial viability of investment projects by analysing their cash flows. The package allows: <ul> <li>flexible entry of actual or hypothetical project data over any number of years</li> <li>projects to produce any number of products, each product with its own production, price and cost profiles</li> <li>any number of different types of capital investments in the project, each investment subject to its own tax treatment (eg income tax depreciation, capital gains taxation, accruals treatment)</li> <li>imposition of differing levels of price or cost inflation on projects</li> <li>re-runs with specified changes in product prices, cost inflation, income tax rate or profit royalty rate until required return is achieved</li> <li>a wide range of different ways of imposing income taxation and capital gains taxation and additional royalties (including resource rent taxes) on projects</li> <li>analysis of projects by the direct investor (regardless of whether the investor is, say, a sole trader, company or trust) <b>or</b> by someone leasing the project to another (with analysis undertaken from the perspective of both the lessor and lessee). </li> </ul></p> <p>MyProject is primarily designed to determine the internal rate of return and net present value (NPV) of investment projects and provide associated cash flow details over the lives of the projects. MyProject also provides year-by-year snapshots of each project showing profit and loss statement, balance sheet and cash flow and tax statements. </p> <p>The user gets a feel for the financial viability of projects by comparing their returns to the returns available from financial markets, either before or after tax and royalties. An understanding of the effect of tax and royalties is obtained by comparing the return and NPV of projects before and after taxes and royalties. </p> <p>By entering sector-wide or economy-wide data as project data and changing tax treatment over the duration of the 'project', MyProject may be used to simulate sector- or economy-wide tax revenue effects of changes in tax treatment.</p> <p>MyProject is written in Microsoft® Visual Basic.Net®. The package incorporates a quick start guide and an electronic <a href="guide.html">User's Guide</a>: <ul> <li>to assist in the use of the package; to explain and discuss internal rates of return and NPVs;</li> <li>to suggest how MyProject may be used to test which income tax and cash flow royalty arrangements have least effect on investment decision-making; to discuss the analysis of leasing with MyProject; and </li> <li>to explain how data may be varied in 5 sample projects included with the package to broaden the scope of these examples.</li> </ul> It also includes a theoretical paper on non-distortive income tax treatment of investments, numerical illustrations from which are reflected in some of the sample projects included with My Project. </p> <p>To get an idea of the ease of use of MyProject and its results see <a href="sequence.html">sequence of use of MyProject</a> with the hypothetical mining/petroleum industry project included with MyProject. </p> <h1>Download</h1> <p>You may download My Project for AUD$54. Click on the image below for the MyProject <b>DOWNLOAD</b> sequence.</p> <table width ="50%" border="0" > <tr> <td width=33% align="center" bgcolor="#ffffcc"></td> <td width=33% align="center" bgcolor="#ffffcc"> <a href="downloadsite.html"><img src="DownloadImage.gif"></a> </td> <td width=33% align="center" bgcolor="#ffffcc"></td> </tr> </table> <h1>Questions/comments</h1> <p>If you wish to ask questions, make suggestions for further development of the package or discuss the possibility of group workshops on the use of MyProject (and/or <a href="default.html">the Kyscope</a>) for people in your organisation <script language="JavaScript" type="text/javascript"> <!-- var addr1 = "mailto:" var addr2 = "waynemayo" var addr3 = "@" var addr4 = "kyscope.com.au" document.write('<a href="' + addr1 + addr2 + addr3 + addr4 + '">') document.write('contact the developer</a>') //--> </script>.</p> <p><font size="2"><br><br><br>&copy; Copyright Wayne Mayo 2012</font></p> <!-- Start of StatCounter Code for Default Guide --> <script type="text/javascript"> var sc_project=7533690; var sc_invisible=1; var sc_security="6b376a5f"; </script> <script type="text/javascript" src="http://www.statcounter.com/counter/counter.js"></script> <noscript><div class="statcounter"><a title="tumblr site counter" href="http://statcounter.com/tumblr/" target="_blank"><img class="statcounter" src="http://c.statcounter.com/7533690/0/6b376a5f/1/" alt="tumblr site counter"></a></div></noscript> <!-- End of StatCounter Code for Default Guide --> </body> </html>