Budget delivers small business tax relief, funds for small business commissioner; Indigenous literacy and numeracy funding redirected

Wednesday, 9 May 2012 Books+Publishing

Small businesses that are currently making losses will be able to claim losses against previously taxed income from next year as a result of the Federal Government’s tax loss carry-back scheme, which was announced in the government's $1.5 billion surplus budget this week. The scheme, which was flagged by Treasurer Wayne Swan...