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Monthly Archives : July 2024

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The small business energy incentive aims to assist businesses in enhancing energy efficiency and reducing energy costs. Eligible businesses with an annual turnover of less than $50 million can benefit from a 20% bonus tax deduction on the cost of qualifying assets and improvements that promote more efficient energy use….

In recent years, both the Coalition and Labor governments have introduced income tax cuts that have been implemented in phases since 2018. Among these changes are the stage 3 tax cuts, which take effect from July 2024. These changes became law after passing through both houses of parliament on February…