What the government tax exemption means for SMEs

By Mark Chapman · 18 February 2020 · Locked

What the government tax exemption means for SMEs

Tax Breaks for Fire-Affected SMEs: What You Need to Know

The government has announced tax exemptions and grants to help small businesses recover from the recent bushfires. But what does this mean for your business - and how can you take advantage of these crucial measures?

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Summary

In the wake of the recent bushfires, a number of measures have been announced by government to help fire-affected small businesses, their owners and their employees to recover and rebuild – including tax exemptions and grants. Crucially, whilst many of the grants and payments on offer would normally be regarded as taxable income (meaning that […]

Tags: bushfires, grants, Tax, tax exemptions, tax relief