Experts warn 7A tax law changes will cost business thousands
Small businesses across Australia could soon be forced to fork out thousands of extra dollars, with experts warning a proposed tax law change could retrospectively alter the payment terms for a popular kind of business loan.
“All of a sudden, at a time when businesses are already stressed, there will be an added uncertainty,” says Ashley Davidson, executive director of private business and individuals at Pitcher Partners.
Read the full article at the Sydney Morning Herald.
