COVID-19 Small Business Measures Up-sized
10 days ago the Government announced its $17.6 billion economic plan to deal with the challenges small businesses will face in the coming months. Today they up-sized the measures and expanded them further – to the tune of $189 billion! These measures will be put into Bills and introduced into Parliament on 23 March – […]
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Small Business Cash Handouts, Subsidies and Tax Incentives in Government Coronavirus Stimulus Package.
SME business cash handouts, subsidies and tax incentives. Here are three of the major items that can help your business under the Government’s $18 billion dollar stimulus package in the wake of the Coronavirus downturn. Small to Medium Size Business Cash Grant The Government will give tax-free cash grants of up to $25,000 to small/ […]
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$1,080 Tax Offset Passes
The Government’s changes to the Personal Income Tax Plan as announced in the 2019-20 Federal Budget, are now finally law! The low and middle income tax offset increased from a maximum amount of $530 to $1,080 per annum and the base amount increases from $200 to $255 per annum. So how much will you receive? […]
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