Australia Proposes Business Innovation Tax Relief, R&D Limits

What readers are saying

GranEarly_Rosa
The 50% capital gains discount on equity investments is the real carrot here ❤️ For someone looking to back a young innovator without getting stung on tax, that's genuinely different from the old rules. Should help founders actually attract the cash they need to get going.
cliff1960
The Treasurer frames this as lifting R&D investment by young firms, but the bill also restricts R&D concessions - so the net effect depends entirely on how those restrictions are written and which firms actually benefit from the new capital gains discount.
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