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SMEs to gain new government tax incentives - Vimarsana News

SMEs to gain new government tax incentives

The Albanese government has announced the delivery of $1.5 billion in new tax incentives for small- to medium-sized businesses.

Senate debate over clean energy fund holds up SME tax breaks - Vimarsana News

Senate debate over clean energy fund holds up SME tax breaks

The omnibus bill giving effect to $1.55 billion in small business tax breaks has been agreed to in the Upper House, with amendments.

Major SME deductions on tax return form yet to pass into law - Vimarsana News

Major SME deductions on tax return form yet to pass into law

Businesses cannot claim bonus tax deductions under the Technology Boost and Skills and Training Boost until they become law, the ATO says.

Government pushing for $1 billion SME tax break before June 30 - Vimarsana News

Government pushing for $1 billion SME tax break before June 30

Legislation enacting the $1 billion Technology Investment Boost remains before the Senate ahead of a key June 30 deadline.

$1.5 billion in 'bonus' tax deductions for small business not yet law - Vimarsana News

$1.5 billion in 'bonus' tax deductions for small business not yet law

'Bonus' tax deductions incentivising small businesses to invest in digital upgrades and staff training in 2022 are yet to be passed into law.