Confusion continues over instant asset-write off

By Joe Kelly · 11 July 2014 · Economy

Instant asset-write off in limbo

Clive Palmer's stance on the mining tax repeal has sparked confusion over a crucial small business tax break. Will the government be able to clear up the uncertainty and provide clarity for Aussie businesses?

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Summary

Clive Palmer has caused a headache for the government on carbon, but his positioning on the mining tax repeal has heightened uncertainty over a key small business tax break.

Tags: Clive Palmer, instant asset write-off, loss carry-back, Senate, SME's