Startups! We're behind you. We are excited about the proposed changes to the tax treatment of employee share schemes and we'd like to see a few tweaks before this becomes a permanent reality. Submitting our feedback to the government is the first step.
Need some background on what's going on?
In support of our clients and the startup community we have submitted formal feedback and suggestions to how the proposed law can be improved to create a more equitable landscape for startups in Australia.
Please download our submission below.
If you have questions we'd be delighted to answer them via email, Twitter or LinkedIn.
This article is intended to provide general information only, and is not to be regarded as legal or financial advice. The content is based on current facts, circumstances, and assumptions, and its accuracy may be affected by changes in laws, regulations, or market conditions. Accordingly, neither Azure Group Pty Ltd nor any member or employee of Azure Group or associated entities, undertakes responsibility arising in any way whatsoever to any persons in respect of this alert or any error or omissions herein, arising through negligence or otherwise howsoever caused. Readers are advised to consult with qualified professionals for advice specific to their situation before taking any action.