Australia’s government released a $2.7billion tax break for SMEs today. But what does it mean for your small business and does it help you grow your business, create more jobs?
“The specific measure for SMEs in the $2.7 billion tax break is designed to encourage companies with annual turnover of $2 million or less to bring forward spending plans to before 1 July this year.” This article from Smart Company shares one point of view.
Is the tax break worth it? Is there something else you’d like to have seen in the package? We’d love to hear your thoughts.