- Latest News
- Fintechs and early stage investor incentive : Draft Legislation release
Fintechs and early stage investor incentive : Draft Legislation release
Treasury has released an exposure draft legislation (https://treasury.gov.au/consultation/c2017-t229280) to amend provisions on the early stage investor tax concession and the venture capital regimes as they relate to fintech businesses.
In particular, the provisions amend ITAA 1997 to:
- ensure that start-up fintech businesses can access the early stage investor tax concession, the venture capital limited partnership (VCLP) and early stage venture capital limited partnership (ESVCLP) regimes, and
- make minor changes to ensure that the provisions operate as intended.
The closing date for comments is 10 November 2017.
CCH iKnow (http://iknow.cch.com.au)
You may also be interested in...
- end of financial year checklist - 22/23 (under Latest News)
We’ve also provided an overview of the types of tax offsets and deductions you may be entitled to claim plus other handy tax tips.
- Global Tax Information Sharing (under Latest News)
Australian individuals who hold Swiss bank accounts have recently had their information shared with the ATO.
- Company Tax Rate Reduction for Small Business Entities (under Latest News)
How are you eligible for the small business company tax rate reduction?
- Non-Resident Trust (under Latest News)
An Australian resident that is streamed these gains as a distribution cannot utilise any capital gains tax concessions in Australia.
- Planning for Tax and Super changes (under Latest News)
The increased $10m threshold will not be applicable for accessing the small business capital gains tax concessions.
- Latest News
- Small business energy incentive
- Superannuation Changes
- Small business instant asset write-off
- Small business technology investment
- end of financial year checklist - 22/23
- Federal Budget 2023-24
- Electric vehicle expenses
- Work from Home changes
- single touch payroll
- Federal Budget 2022-23 Summary
- End of Financial Year 2022 - checklist
- Federal Budget 2022
- penalties for underreported expenses
- downsizer contributions
- Temporary expensing of assets
- Victoria COVID-19 package
- Employee share scheme tax
- Change in super rules for new employees
- End of financial year 2020-21 Tax tips and tax return checklist
- Tax tips and tax return checklist
- JobKeeper/Cash Flow Boost eligibility
- 2021 Federal Budget
- 2020/2021 Federal Budget
- Extension of the JobKeeper Payment
- Business Support Fund Grants
- Investment Returns - 30 June 2020
- Virtual Meetings
- Government Business Support Fund
- JobKeeper Payment Extended
- End of Financial Year matters
- Super and Financial Planning Strategies
- Year End Tax Planning
- Staff News: New addition to our team
- RCB Community Day - May 2019
- Inactive super accounts - changes
- Federal Budget 2019
- Super ready for the year-end
- The perils of market timing
- New PAYG Laws and on-time BAS lodgment
- Guidelines on satisfactory tax records
- Royal Commission financial services report
- Fringe Benefits Return Time is almost here!
- Holiday Homes and Deductions
- Global Tax Information Sharing
- Director identification numbers
- Changes to the company tax rate
- Market correction or market downturn?
- RCB Advisors Community Day out
- Investment returns to 30 June 2018
- Changes to GST on low value imports: what it means for you
- Tax Cut: Personal Income Tax Bill passes both houses of Parliament
- RCB Advisors completes its Second Year!
- Tax Planning implementation time
- SMSFs continue to fuel ETF growth
- Beware of electronic ASIC scam
- ATO warning on work-related car expense claims
- 2018/19 Federal Budget Highlights
- 2018 March quarter investment returns
- Changes to GST payments at settlement
- ATO Focus On Holiday Home Rental
- Single Touch Payroll
- ATO Issues Guidance On Cryptocurrencies Specifically Bitcoin
- ETF Masterclass at Federation Square
- Community Service at The Salvation Army
- Stockmarket slide on 6 February 2018 - what happened?
- Warning for hobbies claiming GST credits
- CA Financial Planning Specialisation
- HELP repayment levels set to change
- CGT main residence exemption removed for foreign residents
- Contributing the proceeds of downsizing to superannuation
- Investment Returns to 31 December 2017
- Fintechs and early stage investor incentive : Draft Legislation release
- Staggered cuts to the company tax rate update
- Team news at RCB Advisors and Community Service at Sacred Heart Mission
- A Financial hoax what and when is the next one?
- Payments to sportspersons for their "public fame" and "image"
- Buyers of Taxable Australian Property
- Superannuation Guarantee Non-Compliance
- What are ETFs?
- Tax incentives for investment in Australian innovation companies
- Home Office and Other Deductions
- Division 7A Loans on Ordinary Commercial Transactions
- Investment Returns to 30 June 2017
- RCB Advisors completes its First Year today!!!!
- Planning for Tax and Super changes
- Federal Budget Alert
- The housing market...why is it so hot!
- Fuel Tax Credits
- Non-Resident Trust
- Fringe Benefits Tax (FBT) and Utility Motor Vehicles
- Investment Returns - 2016
- Bellamy's The difficulty and risks of picking stocks
- Super Alert
- Company Tax Rate Reduction for Small Business Entities
- Claiming Work-Related Car Expenses
- What is contribution reserving?
- Not more super changes?
- what exactly are bonds and why should i have some in my portfolio?
- What our clients are saying...
- What is SuperStream and do I need to do anything?
- Why did the Reserve Bank cut the cash rate last week? What will happen now?
- So what is happening now with Brexit?
- What investment returns did you have in the last 12 months?
- What our clients are saying...
- What our clients are saying...
- Whats a hung parliament and how will it impact you?
- What our clients are saying about us...
- What does our client say...
- Welcome to RCB Advisors
- Latest News
- Small business energy incentive
- Superannuation Changes
- Small business instant asset write-off
- Small business technology investment
- end of financial year checklist - 22/23
- Federal Budget 2023-24
- Electric vehicle expenses
- Work from Home changes
- single touch payroll
- Federal Budget 2022-23 Summary
- End of Financial Year 2022 - checklist
- Federal Budget 2022
- penalties for underreported expenses
- downsizer contributions
- Temporary expensing of assets
- Victoria COVID-19 package
- Employee share scheme tax
- Change in super rules for new employees
- End of financial year 2020-21 Tax tips and tax return checklist
- Tax tips and tax return checklist
- JobKeeper/Cash Flow Boost eligibility
- 2021 Federal Budget
- 2020/2021 Federal Budget
- Extension of the JobKeeper Payment
- Business Support Fund Grants
- Investment Returns - 30 June 2020
- Virtual Meetings
- Government Business Support Fund
- JobKeeper Payment Extended
- End of Financial Year matters
- Super and Financial Planning Strategies
- Year End Tax Planning
- Staff News: New addition to our team
- RCB Community Day - May 2019
- Inactive super accounts - changes
- Federal Budget 2019
- Super ready for the year-end
- The perils of market timing
- New PAYG Laws and on-time BAS lodgment
- Guidelines on satisfactory tax records
- Royal Commission financial services report
- Fringe Benefits Return Time is almost here!
- Holiday Homes and Deductions
- Global Tax Information Sharing
- Director identification numbers
- Changes to the company tax rate
- Market correction or market downturn?
- RCB Advisors Community Day out
- Investment returns to 30 June 2018
- Changes to GST on low value imports: what it means for you
- Tax Cut: Personal Income Tax Bill passes both houses of Parliament
- RCB Advisors completes its Second Year!
- Tax Planning implementation time
- SMSFs continue to fuel ETF growth
- Beware of electronic ASIC scam
- ATO warning on work-related car expense claims
- 2018/19 Federal Budget Highlights
- 2018 March quarter investment returns
- Changes to GST payments at settlement
- ATO Focus On Holiday Home Rental
- Single Touch Payroll
- ATO Issues Guidance On Cryptocurrencies Specifically Bitcoin
- ETF Masterclass at Federation Square
- Community Service at The Salvation Army
- Stockmarket slide on 6 February 2018 - what happened?
- Warning for hobbies claiming GST credits
- CA Financial Planning Specialisation
- HELP repayment levels set to change
- CGT main residence exemption removed for foreign residents
- Contributing the proceeds of downsizing to superannuation
- Investment Returns to 31 December 2017
- Fintechs and early stage investor incentive : Draft Legislation release
- Staggered cuts to the company tax rate update
- Team news at RCB Advisors and Community Service at Sacred Heart Mission
- A Financial hoax what and when is the next one?
- Payments to sportspersons for their "public fame" and "image"
- Buyers of Taxable Australian Property
- Superannuation Guarantee Non-Compliance
- What are ETFs?
- Tax incentives for investment in Australian innovation companies
- Home Office and Other Deductions
- Division 7A Loans on Ordinary Commercial Transactions
- Investment Returns to 30 June 2017
- RCB Advisors completes its First Year today!!!!
- Planning for Tax and Super changes
- Federal Budget Alert
- The housing market...why is it so hot!
- Fuel Tax Credits
- Non-Resident Trust
- Fringe Benefits Tax (FBT) and Utility Motor Vehicles
- Investment Returns - 2016
- Bellamy's The difficulty and risks of picking stocks
- Super Alert
- Company Tax Rate Reduction for Small Business Entities
- Claiming Work-Related Car Expenses
- What is contribution reserving?
- Not more super changes?
- what exactly are bonds and why should i have some in my portfolio?
- What our clients are saying...
- What is SuperStream and do I need to do anything?
- Why did the Reserve Bank cut the cash rate last week? What will happen now?
- So what is happening now with Brexit?
- What investment returns did you have in the last 12 months?
- What our clients are saying...
- What our clients are saying...
- Whats a hung parliament and how will it impact you?
- What our clients are saying about us...
- What does our client say...
- Welcome to RCB Advisors