Small businesses with a turnover of less than $10 million
If you are a small business with total turnover of less than $10 million, the instant asset write-off is available…
What other measures are available to small businesses?
Easier for businesses to use their losses A new similar business test has been introduced, making it easier for a…
Tax breaks that may be available for the 2019 tax return: Law not yet passed
Prior to the Election, the Coalition Government had proposed various tax measures. These have yet to be passed into law.…
2019 Federal Budget
On Tuesday 2 April, the Federal Treasurer, Josh Frydenberg, delivered his first Federal Budget and this Government’s last before the…
How does the Budget impact individuals?
Here are some of the measures that have come out of the Budget and how they impact individuals. Low and…
How does the Budget impact small businesses?
Here are some of the measures that have come out of the Budget and how they impact small businesses. Immediate…
Don’t forget about the small business income tax offset
If you run your business as a sole trader or receive a share of small business income from a trust…
GST and Small Business
GST and property transactions When will you get credits? To ensure you can receive GST input tax credits on time,…
What the ATO is seeing in the small business market
On 2 November 2018, the Deputy Commissioner of Small Business, Deborah Jenkins, delivered a keynote address at a conference run…
Do you hold vacant land? Your expenses may no longer be deductible
Are you a property owner sitting on vacant land? The Government has recently released draft legislation to deny deductions for…
