The latest agricultural green paper aims to give a leg-up to struggling farmers by tweaking with a range of key tax concessions to help improve cashflow in periods of drought and economic turbulence.
Small businesses are the lifeblood of our economy, employing almost half of our nation’s total workforce. They deserve assistance in the battle to compete with large competitors and ecommerce stores.
For most small to medium enterprises (SMEs) tax planning can be pushed down the agenda and only dealt with on an annual basis with little time and effort given. However, tax represents one of the most significant business costs and by implementing ongoing tax planning it can save a business time and most importantly, money. […]
Small businesses are set to benefit from wide-ranging changes to tax concessions. The changes are a boon for small business, says Mark Morris, CPA Australia’s senior tax counsel. “Small businesses can obtain significant benefits by being able to write off any depreciating assets costing less than $1,000, and by pooling assets over $1,000 and depreciating […]
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