Small business tax concessions • The Accounting Division
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Small business tax concessions

small business tax concessions

Businesses that satisfy a certain turnover threshold may qualify as a small business entity. The advantages of being a small business entity includes access to a range of tax concessions including lower tax rates, capital allowance concession, trading stock concession, as well as FBT and GST concessions.

If you think your business is a small business entity or if you’re thinking of starting a small business, no matter what stage of the life cycle your business is in, we can help you maximise the tax concessions available to you.