Tax issues for start-ups and fast growth businesses

How to maximise the concessions built into the tax system

FAAA accreditation: 31500

Claiming deductions for new business activities
Accessing favourable tax treatment under the employee share scheme rules
Maximise tax concessions aimed at innovative activities

A Live Instructor Led Webinar

When clients commit to a new business activity there are a range of specific tax issues that will often be encountered. Some of these issues can be difficult to navigate, but the Government has introduced a range of concessions that are designed to make life a little bit easier and which might help clients deal with the cash-flow pressures that are often associated with new businesses.

For example, changes to the employee share scheme rules have meant that start-up companies have a greater level of flexibility when it comes to issuing shares or options to key personnel during times when cash flow is tight (or non-existent) or when trying to align the interests of employees and the business owners. On top of this, the Government has introduced specific tax concessions aimed at start-ups, particularly for ‘angel investors’.

Now is the perfect time to make sure that you and your team are up to date with all the latest developments in this area.

The Tax issues for start-ups and fast growth businesses webinar brings you up to speed with the array of tax initiatives available to fast growth and innovative start-up businesses.

Knowledge Shop members, login for the discounted rate.

Total 1.25 CPD Hours

Details

Recorded: 19 October 2023

FAAA accredited for 1.25 CPD hours (31500)

  • 1.25 Tax (Financial) Advice

Terms & conditions: All registrations to Knowledge Shop events are subject to our terms and conditions which include a cancellation policy. No refunds are provided for cancellations received 1 day prior to the webinar. No credits are available less than 2 hours prior to the event under any circumstances.

*Office Registrations. Maximum 15 participants per firm (must have same email domain). The PD points for all attendees will be recognised and links will be provided to all attendees.

What we cover

Ensure your fast growth and innovative start-up business clients don't miss out on the opportunities available to them. This webinar explores:

What's included?

  • 1 x 1.5 hour (est.) webinar
  • 3 month access to Q&A embedded webinar recording
  • Reference notes
  • Determining the tax treatment of start-up expenses and the capital expenses that can be deducted upfront
  • Using employee share scheme arrangements to provide non-cash remuneration to staff while minimising and deferring tax liabilities
  • How to access the employee share scheme concessions for start-up companies
  • Ensuring clients don’t miss out on tax incentives for innovative activities, including the ESIC concessions, R&D tax incentive and digital games tax offset
  • The steps for determining whether funds raised through crowdfunding are subject to income tax and GST

Our presenter

Tax Director, Knowledge Shop

Michael Carruthers

Michael CarruthersMichael is an adviser, author, in demand presenter, mentor to Knowledge Shop’s technical team, and is well known for his capacity to translate highly technical information into tangible and useable advice for the profession. He has a knack for seeing through the complexity and helping advisers work through highly technical issues with certainty and accuracy.

Michael works with advisers every day to help them negotiate and implement the constant tide of change impacting the industry. He is a member of the advisory panel for the Board of Taxation and is a member of the reference group for the Board’s review of small business concessions.

He was also an expert panel member for the Board’s review of tax impediments facing small business.