Supporting entrepreneurship and innovation

The new tax incentives aim to support a culture of entrepreneurship and innovation by encouraging investment in early stage innovation companies.
From 1 July 2016 new tax incentives come into play, providing concessional tax treatment to eligible investors who invest in Australian early stage innovation companies with high growth potential.
These tax incentives are designed to connect these companies with investors that have the funds and experience to help them grow.
Find out if your company qualifies as an early stage innovation company.
You may want to seek advice from Etax Plus.

Reference: ATO