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Tax break for businesses

(@Anonymous)
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Does anyone know if the tax break that was just negotiate to help the economy included tax breaks for small businesses?

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Topic starter Posted : 28/01/2008 1:08 pm
(@Anonymous)
New Member

Re: Tax break for businesses

And some of the candidates are making so many new promises I am sure it is going to be a lot higher than that

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Posted : 04/03/2008 12:48 pm
(@Anonymous)
New Member

Re: Tax break for businesses

The corporate watchdog will decide if Kleenmaid's bosses will face prosecution for insolvent trading after liquidators lodged submissions today.
The Australian Securities and Investments Commission (ASIC) will investigate the possibility of insolvent trading after the Queensland-based group went into liquidation on May 25 owing more than $80 million to creditors. raft wars 2 image compress Angry customers have already revealed the company was still taking money for goods just days before Kleenmaid was placed into the hands of administrators Deloitte in April.

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Posted : 28/06/2009 8:42 am
(@Anonymous)
New Member

Re: Tax break for businesses

Yes I am agree with deepa2000..

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Posted : 04/07/2009 12:22 pm
(@Anonymous)
New Member

Re: Tax break for businesses

Businesses can claim an additional tax deduction when they buy certain assets, and when they spend money to improve existing assets, for a limited time. It’s called the Small Business and General Business Tax Break – ‘business tax break’ for short.

The Australian Government announced the tax break as an ‘investment allowance’ in December 2008 aimed at helping businesses meet the challenges of the economic downturn.

The government later extended this tax break in the May Budget to allow small businesses to claim a 50% tax deduction on eligible assets bought by 31 December 2009.

The links below are to assist businesses in understanding the business tax break, who is eligible, and how to claim the tax break for your business:

* Basic information
* Information kit
* Buying assets
* Using or installing assets
* Claiming assets
* Examples
* More information
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Posted : 26/11/2009 4:09 am
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