Federal government expands asset write-off scheme
3 April 2019
The federal government has proposed an expansion of its ‘instant’ tax deduction threshold for small businesses, increasing the asset threshold from $20,000 to $30,000. The eligibility criteria will also be...
Parliament fast-tracks 5% tax cut for small to medium-sized enterprises
26 October 2018
The federal government has passed updated legislation to reduce taxes for small to medium-sized enterprises (SMEs) from 30% to 25% over a three-year period, reports MyBusiness. The Morrison government has...