Budget 2016: Turnover threshold for small business increased from $2M to $10M
From July 1, small to medium-sized businesses with revenue of up to $10 million dollars will qualify for a company tax rate of 27.5%.
From July 1, small to medium-sized businesses with revenue of up to $10 million dollars will qualify for a company tax rate of 27.5%.
Weekly business news and insights, delivered to your inbox.