The Instant Asset Write-Off Scheme has been extended to 30 June 2020 for assets purchased under $30,000. The scheme affects small to medium businesses with a turnover of up to $50 million a year, allowing business owners to immediately deduct assets costing up to $30,000 which can then be claimed in their tax return in
Salary Packaging provides you with a way to use pre-tax funds to pay for certain items if you are eligible. If you work for a public benevolent organisation you may be eligible for this benefit (eg. Public Health, Research Institutes). What are the benefits Instead of your income being taxed, coming to you, and then