Posts tagged "federal budget 2022"

Should the bill not pass before June 30 this year, small businesses which upgraded their technology in 2022-2023 on the expectation of a generous tax break will go into the new financial year without legislation underpinning their 'bonus' deductions.

The federal government is putting tax dodgers on notice over billions in unpaid taxes.

Peter Dutton has handed down his budget, slamming Labor over its push towards renewables and its tabled industrial relations bill.

Chalmers has raised the hurdle for his budget next year because if Tuesday’s effort was designed to get the conversation started, that is when decisions will come.

The ATO will see funding for its Tax Avoidance Taskforce increased by approximately $200 million per year over four years, effective July 1, 2022.

The federal government has decided not to proceed with a previous Coalition policy that would have allowed business operators to self-assess intangible depreciating assets, such as patents, registered designs, copyrights and in-house software. 

Labor’s 2022 budget finally delivered Australia’s first federal electric vehicles incentive in the form of tax cuts for some EVs.

When Treasurer Jim Chalmers hands down the Albanese government’s first budget tonight, he will mention the words “small business” only once.

The federal government will commit nearly $15 million in funding to mental health support and debt counselling for small business owners in the upcoming federal budget.

COSBOA is pushing for new government spending on SME skills training and resilience measures while softening its language on multi-employer bargaining.

Australian Meat Industry Council’s Patrick Hutchinson and Independent Food Distributors Association’s Richard Forbes are among those standing for election on October 27.

If productivity is Australia's goal, making sure every business is a digital business needs to be a major priority, writes MYOB's Helen Lea.