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Bean Crunchers receives regular updates from the Australian Taxation Office. We will keep you informed of all the latest news. We can assist with your tax return lodgment if it is too late for you to lodge it yourself. See announcement from the ATO below. http://www.ato.gov.au/corporate/content.asp?doc=/content/00262121.htm Keep up with latest Self Managed Super Fund News with the ATO SMSF Newletter. http://ato.gov.au/superfunds/content.asp?doc=/content/00235152.htm&page=16&H16=&pc=001/149/005/002/005&mnu=46092&mfp=001/149&st=&cy=1 Temporary Investment Allowances for Small Business Small business will be able to claim the deduction for eligible assets costing $1,000 or more. Small business must have a turnover of less than $2 million
a year to qualify, for all other businesses, a minimum expenditure threshold of
$10,000 applies. You can read further regarding this anouncement via the weblink below. |
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