Client Alert Explanatory Memorandum (September 2015)

Small business tax discount on the way The Tax Laws Amendment (Small Business Measures No 3) Bill 2015 (No 3 Bill) was introduced in the House of Representatives on 24 June 2015. The No 3 Bill proposes to provide a tax offset (the small…

Client Alert (September 2015)

Small business tax discount on the way In a surprise – but welcome – move in the 2015 Federal Budget, the Government announced a small business tax discount. The Government said that, with effect from 1 July 2015, individual taxpayers with…