The state’s peak business organisation, the NSW Business Chamber, has outlined measures that would reduce the administration burden faced by businesses which pay payroll tax.
Reducing the burden of payroll tax
Businesses in Bendigo set to save millions in payroll tax
Businesses in Bendigo set to save millions in payroll tax
Hundreds of businesses in the Greater Bendigo region have already claimed more than $5.4 million in payroll tax savings, making it easier for businesses to create jobs.
Labor has listened on SME tax cuts
Labor has listened on SME tax cuts
“Master Builders applauds Labor’s decision to reverse its earlier decision to repeal tax cuts for small businesses that turnover between $10 million and $50 million,” Denita Wawn, CEO of Master Builders Australia said.
Labor business tax policy reversal
Labor business tax policy reversal
“The decision of the Shadow Cabinet to recognise the deep concerns of the business community and to now support company tax reductions for businesses with turnovers of less than $50 million a year, is welcome,” Ai Group Chief Executive, Innes Willox, said.
Tax delay disappointing but renewed commitment welcome
Tax delay disappointing but renewed commitment welcome
“While disappointed that the plan to phase in a reduction in the company tax rate to 25% over the coming decade has not attracted sufficient support to be put to the Senate in this current session, we are heartened by the Government’s commitment to stick to its guns and renew its efforts in the months […]
Majority of small business owners to benefit from tax cuts
Majority of small business owners to benefit from tax cuts
The majority of Australian small businesses – 83.7% with a taxable income of under $100,000 – will benefit from the first tranche of the recently legislated income tax cut package, the Australian Small Business and Family Enterprise Ombudsman, Kate Carnell said.
