New laws a boost to start-up share schemes says KPMG

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[1] A new report from professional services firm KPMG has showed that Start-ups will significantly benefit from new laws on share scheme taxation.

[2] This means that share options granted on or after 1 July this year will only be taxed at the time when the options are exercised, rather than an earlier time.

[3] This is good news for innovators and entrepreneurs in Australia because it will help bring Australian tax treatment of share options back in line with international practice.

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[Source]  Australian Information Technology News – New laws a boost to start-up share schemes says KPMG