The 2020 Federal Budget handed small businesses over 21 benefits to save money.
Some of these benefits include:
- Small business tax concessions
- JobMaker Hiring Credit (wage subsidy scheme)
- Extending the instant asset write-off
- Loss carry back
- Bringing forward personal income tax cuts
- Cuts to the SME tax rate
There are an additional 15 announcements that could save your business $10,000s.
The government is trying to support your business, but you need to take advantage of every benefit you are entitled to.
If you want to claim every benefit you can then you need to speak to an expert.
We are providing business owners with a FREE 15-minute Budget Strategy Call with an accountant.
In this call, an accountant will help you take advantage of every benefit you are entitled to.
Book a FREE call now.