This is the most widely applicable advice I give startups:
Anyone who’s doing an technologically innovative startup should be getting the R&D Tax Incentive. Even if it’s the founders doing the development, they should pay themselves a salary. Yes, you pay tax on it but you end up about $20k-$30k ahead each year. So effectively the government pays founders a living wage for as long as they’re innovative. No profit, funding needed. These are the guys I use for it: https://tcfservices.leadpages.net/7-most-common-mistakes-lm01/ Cheers Luke Metcalfe http://www.rapint.com -- -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Vist http://siliconbeachaustralia.org for more Forum rules 1) No lurkers! It is expected that you introduce yourself. 2) No jobs postings. You can use http://siliconbeachaustralia.org/jobs 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 --- You received this message because you are subscribed to the Google Groups "Silicon Beach Australia" group. To unsubscribe from this group and stop receiving emails from it, send an email to silicon-beach-australia+unsubscr...@googlegroups.com. For more options, visit https://groups.google.com/d/optout.
