Innovation taxation changes explained and the best way forward for Australia

1:16AM | Friday, 8 January 2016 | Jordan Green

We need to get tax incentives right to sustain local startup ecosystems, says the Melbourne Angels president.

Quest to find bitcoin's founder highlights currency's biggest threat

1:07AM | Friday, 8 January 2016 | Adam Chodorow

The hunt has resurrected a worry that has long plagued bitcoin users.

BlueChilli launches program to help startups be “ripe and ready” for innovation statement investment surge

12:26AM | Thursday, 17 December 2015 | Denham Sadler

Startup founders need to brace for a dip in investor interest in the first half of next year in anticipation of new taxation measures in July.

Uber sends 25% of each sale offshore and is yet to turn a profit: Government urged to cut company tax to level the playing field

11:47PM | Thursday, 19 November 2015 | Broede Carmody

But one of the peak bodies representing Australian businesses says there's little the government can do.

GST roadblock deterring Uber drivers

8:18AM | Wednesday, 12 August 2015 | Denham Sadler

The uncertainty and ongoing legal cloud surrounding GST is leading “masses” of Australian Uber drivers to quit the service, a former driver says.

The saga of employee share scheme reforms: six years, three prime ministers, seven small business ministers and it's finally happened

6:07PM | Thursday, 25 June 2015 | Kye White

The startup industry has been calling for reform since 2009 but the federal government has finally passed the employee share scheme reform legislation.

Amazon shows Google tax can work, despite arguments against it

6:49PM | Tuesday, 23 June 2015 | Antony Ting

Amazon's announcement that it had started to pay tax on its sales in the UK rather than in Luxembourg is a development not just important for the UK, but also for Australia.

Digital technology is now 5% of Australia’s GDP, but IT graduate numbers still falling short

6:06AM | Tuesday, 16 June 2015 | Broede Carmody

Digital technology is one of the fastest growing sectors in the Australian economy but the number of graduates with STEM skills is not keeping up with demand.

Tax reform needs to “open up greater access” to venture capital

6:56PM | Tuesday, 2 June 2015 | Broede Carmody

Any reforms to the Australian taxation system need to place entrepreneurship and innovation front and centre, according to the peak body for the venture capital industry.

Why forcing Google and other tax avoiders to have a 'taxable presence' won't work

5:57PM | Thursday, 21 May 2015 | Roman Lanis and Ross McClure

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.

The taxation of employee share schemes explained

2:51PM | Tuesday, 10 February 2015 | Matt Barrie

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.

GST For online businesses: What is the Real Cost?

2:27PM | Tuesday, 3 February 2015 | Vanessa Emilio

The fight over online sales and taxes is now growing. Australian retailers face significant competition from online international retailers.

Relocating to the US? Beware the grantor trust rules

2:10PM | Tuesday, 3 February 2015 | David Kenney

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.

Video made the YouTube star: ATO crackdown on YouTube businesses

1:51PM | Tuesday, 20 January 2015 | Cara Waters

The Australian Tax Office has warned those who make money from YouTube are “performing artists” who can be liable to pay income tax.

Australia eyes missing billions with very own ‘Google tax’

12:20PM | Wednesday, 10 December 2014 | Antony Ting

Joe Hockey has hinted he may introduce a “Google tax” as a new weapon to tackle profit shifting by multinational enterprises.

What do I need to do to claim the R&D tax incentive?

10:37PM | Wednesday, 22 October 2014 | Melanie Reen

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.

Employee share scheme changes: a good start but still a long way to go

10:01PM | Wednesday, 15 October 2014 | Reuben Bramanathan

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.

GST on crowdfunding activities could be a “compliance nightmare” for startups

10:35PM | Tuesday, 7 October 2014 | Kye White

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 announced

10:22PM | 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-regulation

9:51PM | 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.