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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”.

Rethinking 'small' business could drive a real ideas boom
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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.

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