Posted on 24 Jul 2016
Please note: this is an old article
It was published in July 2016, so the information may be out-of-date.
From 1 July 2016 new tax incentives come into play, providing concessional tax treatment to eligible investors who invest in Australian early stage innovation companies with high growth potential.
The new tax incentives aim to support a culture of entrepreneurship and innovation by encouraging investment in early stage innovation companies.
Find out if your company qualifies as an early stage innovation company.
You may want to seek advice from a registered tax practitioner.