Tag · 2 stories
#Government Contracts
Cashflow ◆
Government introduces changes to contract payment process
In a bid to improve cashflow, the Federal Government will now pay interest due to SMBs as a result of outstanding payments, as part of its efforts to encourage government agencies to pay invoices on time.
Derya Goren · 2 min
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Cashflow ◆
Temporary Investment Allowance a boost for business
The Government’s temporary Investment Allowance, announced in December, is a positive move for the asset finance industry and the broader economy. The ten percent investment allowance, in the form of an additional tax deduction, effectively provides the owner of new assets purchased with an upfront additional tax deduction of ten percent of the asset cost […]
Guest Author · 2 min