New incentives to boost investment in start-ups

New tax incentives designed to make investing in Australian start-ups more attractive started on 1 July 2016.

These incentives are intended to benefit innovative companies, investors and venture capital funds.

Tax breaks will be given to investors who support innovative startups, including:

  • A 20% non-refundable tax offset on investment capped at $200,000 per investor, per year.
  • A 10 year capital gains tax exemption for investments held for three years.

More information can be found on the Australian Tax Office website.