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The Australian Tax Breaks Small To Medium Businesses Need to Know

Posted 27 April, 2016

 

It can be hard to keep on top of all the various tax breaks and incentives small and medium businesses are eligible for. There are a lot of them. From deducting your stationary to grants for safety equipment.

And this doesn’t even include the lower company tax rate for eligible small businesses. Here are a few other tax breaks and incentives your business might benefit from.

1. General expenses you can claim on your tax

2. $20K small business tax deduction

3. Research and development tax offset

4. Government grants

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