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.
Cyber-espionage is up again in the 2014 report, representing a more than three-fold increase compared with the 2013 report, with 511 incidents partially due to a bigger dataset.
Close to 100 countries have signed up to a new set of tax principles to govern how goods and services are taxed across borders.
Taxation can feel like an unmanageable burden for many sole traders. With the end of the financial year rapidly approaching, here’s how you need to start preparing.
Momentum behind the campaign to change how employee share schemes are taxed is increasing, with government MPs set to be briefed later today by a lobby group which says the government should simplify the current arrangements.
According to tax expert Ryan Tietjens, a couple of common mistakes can quickly quash a start-up’s chances of making it big. Here are the two biggest issues he deals with as an accountant – and how you can avoid them.
IBM management recently introduced a crowdfunding site for projects within their company. It’s an idea you might be able to replicate on a smaller scale within your business.