Entries by Elena Grishina

How to provide tax incentives for early stage investors

The ATO provides tax incentives for early stage investors, sometimes referred to as ‘angel investors’, that invest in start up companies. These incentives include a non-refundable tax offset of 20% of the amount invested and the disregarding of certain capital gains made on the investment. For an investor to be entitled to the tax incentives, […]

What is the PAYG instalments system?

The Pay As You Go (PAYG) instalments system is a program where regular payments are made to prepay tax on expected annual income tax liability on business or investment income. It only applies if you earn income over a certain amount. PAYG instalments are based on tax payable as per your previous year’s tax return […]