Rethinking 'small' business could drive a real ideas boom
Amid the tax debate under way in Australia this year, there have been intermittent calls from within the government for a tax system that encourages a “more entrepreneurial, risk-bearing culture”.
Australian Prime Minister Malcolm Turnbull’s $1.1 billion “ideas boom” includes a 20 per cent tax offset for early stage and 10 per cent for late stage start-ups, plus capital gains tax exemptions for investments in start-up businesses in general.
Read the full story at Business Spectator.
