Daily Archives: May 29, 2015


Federal Budget 2015 Summary

For Small Business Entities (Turnover less than $2 Million)  · 1.5 per cent cut in company tax to 28.5 per cent for incorporated small business from 01/07/2015 · 5 per cent tax discount for sole trader, partnership & trust up to $1,000 per year from 01/07/2015 · An immediate tax deduction for each individual asset […]