19 May 2015

The Prime Minister and Minister for Small Business Visit Young Entrepreneurs in Reid

Small businesses provide 4.5 million Australians with their jobs. They provide 4/10 jobs in the private sector, 6/10 in construction and 8/10 in agriculture. The Coalition Government’s Budget cuts the small business company tax rate to the lowest in almost 50 years and, for two years, we’re giving all small businesses an immediate tax deduction on any asset they buy costing up to $20,000. This will benefit more than 95% of all Australian businesses…

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