Small businesses are holding back growth to stay within the tax threshold, says MYOB CEO
By James Harkness · 12 October 2016 · Locked
By James Harkness · 12 October 2016 · Locked
A staggering number of small businesses are making a strategic decision that's impacting their growth. Will the proposed tax rate changes be the game-changer they need, or a recipe for disaster?
Proposed tax rate changes, which would affect approximately 100,000 small businesses, will deliver the best “bang for buck” for the economy, accounting software provider MYOB and the Council of Small Business Australia said in a joint statement. The statement was in response to Labor’s opposition to the Federal Government’s proposal to increase the eligibility threshold for paying the lower […]
Tags: Accounting, Council of Small Business Australia, Economy, Government, Growth, Inflation, Labor, lower tax