Oct 16, 2019 | News, Small Business
Print this article. In May 2018, the Board of Taxation (the Board) commenced a review of the small business tax concessions (the Review). Dr Mark Pizzacalla, the Chair of the Review and a member of the Board, recently confirmed in a TaxBanter Tax Yak Podcast...
May 29, 2019 | Federal Budget, Federal Election, News, Parliament, Small Business, Superannuation
Print this article. Â Background The Federal Election held on 18 May 2019 returned a Coalition Government with a majority in the House of Representatives (although counting continues in some seats). At the time of writing, one seat remains in doubt. Following the...
Apr 11, 2019 | News, Small Business
Print this article. Background Small business entities (SBEs) may choose to apply the simplified depreciation provisions and calculate deductions for the decline in value of their depreciating assets under Subdiv 328-D of the ITAA 1997 instead of Div 40. This requires...
