With three business days remaining before the the Federal Budget is announced, small to medium business owners have voiced a united desire for company tax rates to be reduced, according to the latest MYOB Business Monitor. The MYOB survey of more than 1,000 Australian SMB owners found that 60% of SMEs agreed that company tax rates should be reduced, […]
Calls for the company tax rate to be cut in the budget is a perennial issue, and one that small business inevitably weighs in on. There have been calls for small business to benefit from a lower tax rate for decades. In the three major tax reviews conducted since the early 1970s, (Asprey, Ralph and […]
It’s hard to disagree that the 2015 budget wasn’t a cash cow for small business. Across Australia some two million businesses cashed in on $5.5 billion in tax breaks as the government attempted to stoke the home fires of the economy. The key prize allowed small business to claim basically any item needed for the […]
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