Archive for the ‘Tax and Small Business’ Category

Small business tax changes 2015

Friday August 7th, 2015 in Tax and Small Business

On 12th May Treasurer Joe Hockey released the new federal budget. Small business owners, that is, businesses that have an annual turnover of less then $2 million, have been the main winners. The main small business tax changes have been summarised below: Small businesses will benefit from a reduced company tax rate from 30 per cent… Read More »