All small business clients have access to a range of tax concessions.
Some of the concessions available are:
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Instant write-off for assets costing less than $20,000 each
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Immediate deduction of professional expenses for small business start-ups
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Tax discount of 5% up to $1,000 for unincorporated small businesses
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1.5% small business company tax cut
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No fringe benefits tax for providing multiple electronic devices to employees
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No income tax liability for asset roll-overs when a small business is restructured
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Accelerated depreciation for primary producers.
If you have any questions or would like to make an appointment to discuss your circumstances please do not hesitate to contact Carolyn Peters.
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