Startups may be able to claim greater tax concessions than initially announced in the federal budget as the government grapples with blowback to its economic reforms.
Treasurer Jim Chalmers is in talks with businesses about allowing startups to keep a John Howard-era 50 per cent discount on capital gains tax, Nine newspapers reported on Wednesday.
The carve-out would address a backlash from businesses unhappy with the government's plan to remove the discount and replace it with an inflation-based tax rate.
But Prime Minister Anthony Albanese would not reveal whether additional carve outs were being considered to the tax changes.
"All of the existing carve outs and exemptions remain and there are four of those significant ones for small business," he told ABC TV.
