It’s a great start to the new year for (bigger) small businesses. Around the country small businesses could be given another 12 months to cash in on the government’s $20,000 instant asset write-off scheme that was initially introduced in mid-2015. Former Federal Treasurer Joe Hockey introduced a tax initiative where small businesses could write-off $20,000… Read more »
Small businesses are stressed by their end of financial year tax obligations and want easier government compliance regulations.
Accounting firm CPA Australia warns that the Government has dramatically underestimated the number of Australians who will be impacted by changes to superannuation.
The Business Council of Co-operatives and Mutuals says political parties need to support CMEs to create a more resilient Australian economy.
The Government will fund $679 million into a Tax Avoidance Taskforce to crack down on tax avoidance by big businesses.
The Budget 2016 has certainly been one targeted at small business owners.
The Australian Government estimates that more than 400,000 small to medium sized businesses have experienced cyber security attacks.
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