News & Analysis

Abbott government introduces $400M industry policy, including $200M tax break for employee share schemes

- October 14, 2014 3 MIN READ

The stringent tax rules relating to employee share programmes is finally meeting its timely demise, a win for the Australian startup community. The Abbott government has today confirmed that it will introduce a $200 million tax break for employee share schemes, invest $188.5 million into innovation centres, and amend the 457 visa programme, as part of a $400 million industry plan.