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Small business owners reject tech start-up CGT special treatment
Non-tech business owners fear being left out of any government carve-outs of the budget’s much-maligned capital gains tax changes.
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theguardian.com
Labor denies CGT reform will ‘kill startups’ as tech giant Canva warns of stifling innovation
Albanese and Chalmers say they remain in consultation with tech sector, but give no indication of winding back proposed changes or giving CGT concessions
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afr.com
AustralianSuper boss urges start-up CGT carve out
Keating-era adviser Don Russell has expressed support for entrepreneurs caught up in new CGT laws, as senior tech industry figures hunt specific change demands.
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smh.com.au
‘Our 47% business partner’ Albanese: What the viral CGT memes get wrong about tax
Claims the government’s new tax regime will see it take nearly half of all profits made by small businesses have been rubbished by tax experts.
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Labor MPs expect eventual concessions for startups after backlash to CGT changes
Several MPs tell Guardian Australia they are keen to see tweaks, and some are engaging directly with treasurer’s office
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Small business owners reject tech start-up CGT special treatment
Non-tech business owners fear being left out of any government carve-outs of the budget’s much-maligned capital gains tax changes.
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abc.net.au
Entrepreneur says the rich should stop complaining about tax changes
Start-up founders say the federal government's CGT changes may see investment in new businesses go offshore. But Airtree Ventures co-founder Daniel Petre is warning against a…
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theage.com.au
Businesses warn of unpredictable tax system as CGT backlash continues
Australia’s biggest business groups warn of an increasingly unpredictable tax system as the backlash against the capital gains tax overhaul continues.
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Investors scramble to give government CGT options
Australia’s biggest investment firms are worried the capital gains tax changes will be enshrined in law before they have been given the chance to properly consult.