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Articles
How is your super going, ready for retirement?
Australia's leading causes of death - ABS
ATO increasing data exchange with international regulators
Illegal SMSF early access scheme leads to $6,000 fine
Our 'hardest' SMSF tasks
Uber drivers hit for 10% tax
Lack of literacy promotes unrealistic goals
Taxpayer failed to prove that payments were “loans”
New STP dates confirmed as ATO goes on compliance blitz
ATO flags compliance project for FY17/18
Items that heat up your depreciation deductions
Doing a budget is a good idea but ....
Government ‘undermines’ tax system in new moves on property expenses
Taxpayer denied deduction for work expenses of $60,000
Overtime meal expenses disallowed because no allowance received
Key Economic Indicators, 2017
Government to shut down salary sacrifice loophole
Crowdfunding legislation gets greenlight
ATO heavyweight responds to hacking fears
Checklist - Individuals Tax Returns - 2017
Checklist - Tax time 2017 - Company, Trust & Partnership
Checklist - Superannuation Funds - 2017
ATO to ramp up scrutiny of $20K tax break use
Crowdfunding legislation gets greenlight

Crowdfunding: Alternative funding option for small business.



       


 


The newly passed equity crowdfunding legislation will give small scaled businesses a new and unprecedented access to a new source of finance.


A small scaled business now has the legal capacity to raise funds from a large number of investors, without breaching the securities legislation and requiring far more extensive disclosure.


This opportunity only applies to unlisted Australian Public Companies, with gross assets of less than $25 million and annual revenues less than $25 million.


This first step is seen as a forerunner to legislation that will also allow similar funding for private companies.  In other words, this is very early days.


 


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25th-July-2017

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