Expanding access to small business tax concessions

Expanding access to small business tax concessions The Government will extend access to a number of small business tax concessions by increasing the threshold for these concessions to $10 million, up from the current $2 million threshold. This will provide over 90,000... read more

A tax plan for small business

Lower taxes The Government will back small businesses by reducing their tax rate to 27.5 per cent, starting with businesses with a turnover of less than $10 million on 1 July this year. The Government will decrease the tax rate for all companies to 25 per cent by... read more