The new $20k instant asset write off — and how SMEs got here
Over more than a decade, the instant asset write-off scheme has provided tax breaks for small business purchases.
Stay updated with breaking news from Full Expensing. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Over more than a decade, the instant asset write-off scheme has provided tax breaks for small business purchases.
Northern Irish business leaders have given a mixed response to Jeremy Hunt's Spring Budget.
Current tax policy encourages short-term spending over long-term investment
Tax policy can no longer be pro-growth without also being deficit conscious. Irrespective of current tax rates, growing deficits, and increasingly popular new spending proposals mean that taxes would need to rise in the future, not just for high-income Americans, but also for middle-income wage earners. This is an unacceptable outcome that will dampen economic opportunity and slow down the recovery.
Carbon taxes can work, but design matters, and must be taken seriously. Learn more about carbon emissions and climate change tax and green tax reforms.