Posts tagged "company tax cuts small business"

At the end of this financial year, our federal debt will exceed $320 billion. We will need real tax reform to reduce our ballooning debt levels.

The government will extend its instant asset write-off but has not announced any plans to improve the awareness or accessibility of the program.

Another extension of the instant asset write-off scheme is on the cards ahead of MYEFO, small business Minister Michaelia Cash says.

While the government's instant asset write-off scheme forms a key part of its small business policy, a large number of firms aren't using it.

The government is seeking to bring its small business tax cuts into effect four years earlier than originally planned, costing $3.6 billion.