$20,000 Small Business Tax Break

$20,000 SMALL BUSINESS TAX BREAK.

Temporary $20,000 Small Business Tax Break announced by the Federal Government.

26May '16

$20,000 Small Business Tax Break

In May 2015 the Federal Government announced the $20,000 Small Business Tax Break. This new (but temporary) measure allows taxpayers to claim assets acquired in the financial year as outright deductions rather than depreciating them over a number of years. This measure extends to asset pools. Please contact us on (02) 66726700 for more information.

 

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