Fund IQ’s Post

It's Tomorrow! Clearing the Air: Angel Tax and LTCG on Unlisted Equity The recent abolition of Angel Tax has sparked intense conversations, but many questions remain unanswered. To provide clarity and insight, we're hosting a detailed discussion on: - Angel Tax: What's next? - Long-Term Capital Gains (LTCG) on Unlisted Equity: Implications and opportunities Date: Saturday | 03rd August Time: 10:30 AM Platform: Zoom Register now for free : https://bit.ly/3yncNqy This session will be led by Eshank M Shah, Partner in Startups, Transactions, and Funds Practice at BJAA along with Mohit Rakhecha, Group Financial Controller at Venture Catalaysts++ who will provide expert insights into the implications of this new regulation. Join us to: Separate fact from fiction Understand the impact on startups and investors Gain expert insights and practical guidance See you tomorrow!

📈 Here's a startling statistic: Less than 40% of startups survive past their fifth year. Many of them falter under the weight of tax penalties and inefficient financial planning. Your startup doesn’t just need ideas to grow; it needs robust financial systems that support scaling and optimizing tax obligations. Like a garden, your business needs regular nurturing through strategic financial planning to thrive. Let us be your gardener 🌱 https://www.rfr.bz/ll8hzhj #GrowYourBusiness #StrategicPlanning #StartupLife #CanadianTaxes #FinancialFreedom #BusinessGrowth #TaxSeason #CRA #Deductions #Income #LondonOntarioAccountant #ForestCityTaxes #ForestCityAccountant #ForestCityCPA #LondonOntarioCPA #LaserBeam

Living in SF can be challenging: 1. High cost-of-living 2. Highest state income taxes in the country 3. Nobody cares that the $2,500 investment your friend made into your pre-revenue pre-product pre-idea startup at a $2.1M valuation technically makes you a multi-millionaire

Unlocking tax reliefs can bring huge benefits for UK startups by offering vital financial incentives that improve growth, attract investment, and support innovation. From Venture Capital Trusts to R&D tax credits, these schemes not only alleviate the financial burden on innovative companies but also serve as a powerful tool, attracting both domestic and international investors. Understanding how to leverage these tax reliefs not only supports immediate business needs but also creates long-term success in a competitive market. Click here for more info: https://heyor.ca/YtvGDw #UKStartups #TaxRelief #BusinessGrowth #UKEconomy

Unlocking tax reliefs can bring huge benefits for UK startups by offering vital financial incentives that improve growth, attract investment, and support innovation. From Venture Capital Trusts to R&D tax credits, these schemes not only alleviate the financial burden on innovative companies but also serve as a powerful tool, attracting both domestic and international investors. Understanding how to leverage these tax reliefs not only supports immediate business needs but also creates long-term success in a competitive market. Click here for more info: https://heyor.ca/YtvGDw #UKStartups #TaxRelief #BusinessGrowth #UKEconomy

As a startup founder, understanding the tax implications of venture capital (VC) investments is crucial. Here's a quick overview to help navigate this aspect of your business: Startup Funding: Generally not taxable in the U.S. Selling Equity: Taxable event, consult a tax advisor to minimize liability. Booking Investments: Record equity sales as Equity, convertible notes as Debt, and SAFEs as Equity. Investor's Perspective: Capital gains taxes apply, with benefits like QSBS exclusion available. State-level tax incentives and proper planning can further optimize your tax strategy. For personalized advice, always consult with a qualified tax professional. #Startup #VentureCapital #TaxStrategy Check out my blog post https://wix.to/wLcd57n #newblogpost

"Depreciation" is key for startups—it's the decrease in value of assets over time. Accounting for this in your financial strategy can aid in tax deductions. Need help optimizing? Visit us on our website! #UKStartups #FinanceOptimization 👉🏻 framekennedy.co.uk

Ever noticed the startups that outlast others know something vital? 🌟 They understand that proactive tax planning and cash flow management can increase their survival rate by up to 30%. From day one, they use accounting insights to forecast and strategize, not just to keep score. Be proactive with your finances; your future self will thank you for your foresight. 🚀 Secure your startup’s future now: https://www.rfr.bz/ll8uo9a #StartupLife #CanadianTaxes #FinancialFreedom #BusinessGrowth #TaxSeason #CRA #Deductions #Income #LondonOntarioAccountant #ForestCityTaxes #ForestCityAccountant #ForestCityCPA #LondonOntarioCPA #LaserBeam #ProactiveAccounting #SurvivalThroughPlanning

Tax season doesn’t have to be stressful! Check out this infographic highlighting the top 5 tax mistakes African startups make and how to avoid them. Let’s keep your business compliant and thriving! Need expert support? We're here to help!

Angel Tax abolished!!! Let's understand what is Angel Tax Let us take a example Suppose Ram has a new business idea but don't have funds to invest in his business. At this stage there will be a person who trusts Ram's idea and wants to invest in his business will be called Angel investor. Since new business doesn't have tangible asset so Ram can offer equity in return of the investment. Suppose investment raised by Ram Rs 15 cr and Fair Market value of equity exchanged is Rs 10 cr so this difference of Rs 5 cr between investment and FMV of equity shares exchanged will be considered as "Income from other sources" and Angel Tax will be on it at the rate of 30.9% . Angel Tax cause lots of hindrances for a start up who look for higher valuation on the basis of future growth expected in their business and they end up paying significant amount of tax out of their investment raised start up can now invest more towards their business ideas rather than paying tax for their valuation. This will also give rise to some issues But benefits > issues = Good step. Feel free to discuss in comment box and correct me if I am wrong in someplace #budget #angeltax #budget2024 #startup