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Concern over start-up tax change delay

Australian technology luminaries have voiced frustration at the federal government’s slow moves to end up-front taxation of employee share options, saying it’s holding back start-ups.

Australian technology luminaries have voiced frustration at the federal government’s delay to end up-front taxation of employee share options, warning it is holding back the country's start-up ­culture.

Speaking at Tuesday’s Australian Financial Review and Macquarie Future Forum, SEEK co-founder and venture capitalist Paul Bassat said employee shares were vital to the early growth of the jobs classifieds business.

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James Hutchinson writes on Technology specialising in Technology Companies, Enterprise IT, Telecommunications. Based in our Sydney newsroom, James has over 5 years experience as a journalist. Connect with James on Twitter.

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    Original URL: https://www.afr.com/policy/tax-and-super/concern-over-start-up-tax-change-delay-20140617-je1wz