One of the critical provisions in anti-avoidance measures aimed at multinational companies announced in last week’s federal budget will be what constitutes a “taxable presence” in Australia.
Building a technology company isn't easy; a huge range of specialist skill sets are needed – software developers, data scientists, designers, product managers and engineers to name a few.
The fight over online sales and taxes is now growing. Australian retailers face significant competition from online international retailers.
Much of the commentary as to the impact of Australia’s tax regime on the startup world relates to our employee share scheme rules, which should get a whole lot easier from July 1, 2015.
The Australian Tax Office has warned those who make money from YouTube are “performing artists” who can be liable to pay income tax.
Joe Hockey has hinted he may introduce a “Google tax” as a new weapon to tackle profit shifting by multinational enterprises.
If you are an Australian company eligible to pay tax, and you are manufacturing or developing new or improved technical services, then you may be eligible to make a claim for the R&D tax incentive.
Australian startups and small businesses will generally be pleased with the proposed changes to the taxation of employee share schemes announced yesterday, but there are still a number of issues to be resolved before companies can start implementing new share and option incentives.
Applying GST to crowdfunding projects could present startups with a “compliance nightmare”, according to Arts ‘n’ Smarts co-founder and former tax lawyer Alan Tsen.
ATO guidance on GST treatment of bitcoin at the top of agenda as Senate inquiry is officially announced10:22PM | Thursday, 2 October 2014 | Kye White
A Senate committee inquiry into bitcoin must examine the ATO’s guidance requiring Australian bitcoin exchanges to charge GST on the value of the bitcoins they supply, industry figures say.
Australian Senate inquiry into bitcoin set to be announced, as industry group ADCCA advocates self-regulation9:51PM | Friday, 19 September 2014 | Andrew Sadauskas
Digital currency industry body Australian Digital Currency Commerce Association (ADCCA) has advocated a self-regulatory framework, ahead of a Senate inquiry into cryptocurrency.
Last week, the ATO published long-awaited guidance on the Australian tax treatment of bitcoin, in the form of draft rulings regarding income tax, Goods and Services Tax and Fringe Benefits Tax.
The Australian Taxation Office has released its much anticipated guidance on the taxation treatment of bitcoin. Along with the guidance paper they released a slew of draft rulings.
With the ATO announcing their hit list for 2013-14, it is time to do some urgent tax planning.
I feel like poking the rainbow bear today. Google Australia is the big bear of the Australian tech startup industry.
With June 30 fast approaching, here are five things you need to cross off your financial checklist.
There are broadly two types of expenses you can claim related to your home business area: Occupancy expenses and operating expenses.
Are you ready to prepare and lodge your first Taxable Payments Annual Report (TPAR) before 21 July 2014?
The federal government should offer a firm commitment to tackle key issues on tax reform in order to strengthen venture capital in Australia, according to Australian Private Equity and Venture Capital Association chief executive Yasser El-Ansary.
Tax time is not far away, so it's worthwhile to know what deductions you can make as a small business owner.