Small business energy incentive

Small business energy incentive

The federal government has announced a small business energy incentive as part of the 2023-24 Federal Budget, which allows a business with an aggregated annual turnover of less than $50 million a 20% bonus deduction for expenditure that supports electrification and...
Training your staff? You could get a 20% bonus deduction.

Training your staff? You could get a 20% bonus deduction.

Small businesses (those with aggregated turnover of less than $50m) will get a bonus tax deduction on top of the allowable deduction for training their employees, either in-person in Australia, or online. The Skills and Training Boost has been reignited, bringing a...