Hey guys Trying to make sense of all this Budget09 noise. @FederalBudget (a deliotte twitter stream) has had some _interesting_ interpretations of the Budget09
Here are my highlights, what impact do you think this will have? *ESOP's are in trouble?* Are employees share plans dead in the water after* budget taxes every employee at the time they're granted their shares/options*? #ausbudget09 13/05/2009 Are employee share plans dead in the water? <http://www.deloitte.com/dtt/press_release/0,1014,cid%253D262299,00.html> *R&D Tax Concessions become Tax Credits? * @federalbudget <http://twitter.com/federalbudget> Deloitte tax says this is the biggest R&D tax reform since 1986 in new media release http://bit.ly/5CAFQ #ausbuget09 Treasurer to replace R&D tax concession with a tax credit rewarding firms for innovation #budget Small tech firms & start-ups to get 45% R&D cash back (if in loss position) or tax credit (if taxpaying) @federalbudget<http://twitter.com/federalbudget>#ausbudget09 A #budget win for innovation with an R&D Tax credit of 40% for Aussie companies with <$20mil turnover #ausbudget09 13/05/2009 R&D tax changes to provide business with certainty, simplicity and significant benefits<http://www.deloitte.com/dtt/press_release/0,1014,cid%253D262325,00.html> *CGT for Unit Trusts ammended* Assets can now be transferred between fixed trusts without triggering a CGT liability. #ausbudget09 #budget 12/05/2009 CGT roll-over for Unit Trusts welcomed<http://www.deloitte.com/dtt/press_release/0,1014,cid%253D262268,00.html> Thoughts? --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Silicon Beach Australia mailing list. No lurkers! It is expected that you introduce yourself: http://groups.google.com/group/silicon-beach-australia/browse_thread/thread/99938a0fbc691eeb To post to this group, send email to silicon-beach-australia@googlegroups.com To unsubscribe from this group, send email to silicon-beach-australia+unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en -~----------~----~----~----~------~----~------~--~---
