What’s new for Australian business? The ATO has recently reminded small businesses of the expanded tax concessions potentially available to them, as outlined below: The pending increase in the small Read More…
Legislation proposed to increase instant asset write-off threshold Using the simplified depreciation rules, assets costing less than the instant asset write-off threshold are written off in the year they are bought and used, or Read More…
More help for drought-affected farmers As part of the next phase of its drought assistance policy (which includes various other measures), the Government announced that farmers will be able to Read More…