Seizing Opportunities with New Small Business Deduction ‘Boosts’ Exploring the Skills and Training Boost and Small Business Energy Incentive Although the ‘Technology Investment Boost’ has come to an end (it Read More…
Navigating Tax Implications for Government Support Grants What Business Owners Need to Know Taxpayers who have received a government support grant or payment recently to help their business recover from Read More…
Federal Budget overview On 25 October 2022, Treasurer Jim Chalmers handed down an updated 2022/23 Federal Budget, the first for the Albanese Labor Government. Key measures Certainty for unlegislated taxation Read More…
Federal Government expands tax-free status of more COVID-19 grant programs The Federal Government has expanded the list of State and Territory COVID-19 grant programs that may be tax-free to eligible Read More…
Federal Budget Highlights In this summary: Personal income tax changes (please scroll down) Changes affecting business taxpayers Other Budget announcements 1. Personal income tax changes 1.1 Increase to low and Read More…