How The 2018-19 Federal Budget May Affect Your Business
Small businesses around Australia remain relatively unaffected by this year’s Federal Budget. Here is a summary of the primary take-outs that you’ll need to be aware of for this financial year and to assist you in your planning for the 2019-20 financial year. $20,000 asset immediate write-off. The most beneficial announcement that has some positive flow-on effect for most small businesses, is that the instant asset write-off up to the value of $20,000 has been extended for another financial