Tax tips for small business

Tax tips for small business

Small businesses (sole traders, partnerships, companies and/ or trusts with a turnover of less than $2 million) may be eligible for a range of tax benefits including immediate write off of assets costing less than $20,000, a 28.5 per cent company tax rate, simplified...

NSW State Budget 2015-16

Source: nswbusinesschamber.com.au Transport As part of the Government’s Rebuilding NSW Strategy, $8.9 billion has been allocated for public transport initiatives. This total includes allocations in the budget of $7 billion for the Sydney Metro City and Southwest and...

Federal Budget 2015 Jobs and Small Business

Source: budget.gov.au The right time for business to invest Accelerated Depreciation Small businesses will get an immediate tax deduction for any individual assets they buy costing less than $20,000. (Currently, the threshold sits at $1,000). This $20,000 limit...