What does the 2018 Federal Budget mean for Australian small business?

The Australian Federal Government have just released their budget for 2018, and although it was largely focused on individual tax rates, spending and aged incentives there is plenty of good news for small businesses too. Keep reading to find out how the budget might impact your business. The $20,000 instant asset write-off is back To the relief of many, the instant asset write-off has been extended for a further 12 months, meaning businesses can continue to claim a deduction for goods [...]

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What does the 2016 Federal Budget mean for your small business?

The Federal Budget was handed down last night with changes announced in many areas such as Education, Welfare, Defence & Security, Superannuation and Taxes. Several of our business owners are wondering how the 2016 budget will directly impact small business. The general consensus is that small businesses are winners in this year’s budget. Eloise Keating of Smart Company writes; “If last year’s budget was built upon the ‘biggest small business package in our nation’s history’, then the 2016 budget could be [...]

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