Small businesses overlooked on opting out of full expensing as bill passes Parliament

Changes to the temporary full expensing measure have now sailed through both houses of Parliament despite opt out rules failing to include entities that use small business depreciation.

by Shared by AccountantsDaily | 10 Dec, 2020

Greens pledge $3 billion wage credit for small business

Treasury Laws Amendment (2020 Measures No. 6) Bill 2020 expands access to the full expensing incentive to enable more large Australian-based businesses with a track record of investing in Australia to be eligible for the measure.