Coalition strikes deal for SME tax cuts
By James Harkness · 3 April 2017 · Featured
By James Harkness · 3 April 2017 · Featured
A major deal has been struck in the Senate, but what does it mean for your business? Find out how SMEs will benefit from the new tax cuts and what it could mean for your bottom line.
SMEs with revenues up to $50 million will have their tax rates cut after the Federal Government struck a deal with the Nick Xenophon Team (NXT) in the Senate on Friday. Under the deal, which will cost $5.2 billion over the next four years, the tax rate for businesses with turnovers up to $10 million […]