You may now be eligible to claim an instant tax saving on purchases under $20,000… But you’ll need to be quick!
We’ve known for a while that small business entities (SBEs) have had until 30 June 2017 to take advantage of being able to claim an immediate deduction for assets costing less than $20,000. So what’s all the fuss about now? The Treasury Laws Amendment (Enterprise Tax Plan) Bill 2016 has now been passed by the…