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Budget 2018: It’s a carrot and stick budget for business

Budget 2018: It’s a carrot and stick budget for business

Businesses are set to benefit from extended instant tax deductions, new infrastructure and public investment funds, but some will face tighter tax rules, tougher enforcement and a cut to research and development incentives.

by Shared by ABC Online. | 9 May, 2018

Budget 2018: It’s a carrot and stick budget for business

With the Government sticking to its 10-year plan to reduce company taxes for all businesses from 30 to 25 per cent — a plan currently stalled in the Senate — its budget measures for business are split between boosts and burdens.

Read the full article at ABC Online.