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: 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...
