Posts tagged "write-off"

The Coalition is pushing to expand the new-look instant asset write-off scheme, arguing it should cover eligible assets worth up to $30,000, up from $20,000 covered by the Labor government plan.

SmartCompany asked experts from across the accounting field about how small businesses should optimise their tax return this year.

SmartCompany was fortunate to discuss those policies with Small Business Minister Julie Collins in her first SME-focused interview since budget night.

Measures to extend and enhance the instant asset write-off have passed the Senate in a post-budget voting blitz that saw 28 bills passed yesterday.

The government has proposed a boost to the instant asset write-off which would increase the threshold and give medium-sized firms access to the scheme.

Two key pieces of SME-specific legislation have failed to be put to the Senate for debate after numerous parliamentary sitting weeks, despit…

Kate Carnell has suggested keeping the current $20,000 instant asset write-off in place, but also allowing businesses to occasionally claim $100,000.

Nearly 300,000 Australian small businesses took advantage of the federal government’s instant asset write-off scheme in the 2015-16 financ…

End-of-year tax strategies for SME owners are dominated by the imminent halving of the annual caps on concessional super contributions, expe…