Tag Archives: instant asset write-off

300,000 Small businesses benefit from instant asset write-off

NewsBy Bert van Manen MP 23 October, 2017

Almost 300,000 Australian small businesses have taken advantage of the Coalition Government’s instant asset write-off according to 2015-16 tax office data, including 70,500 in Queensland. Federal Member for Forde Bert van Manen said the asset write-off was directly helping small businesses in increase their bottom lines and improve cash flow, which meant more investment and…

New financial year brings rewards for Forde small business

NewsBy Bert van Manen MP 30 June, 2017

Small businesses in Forde will benefit from simpler Business Activity Statements (BAS), an extension to the instant asset write-off programme and the opportunity to opt in to the single-touch payroll thanks to positive changes in force from tomorrow. Federal Member for Forde Bert van Manen said the start of the new financial year was set…