Category Archives: Federal Budget

Time is Ticking for the $20,000 Immediate Write-Off

The $20,000 immediate write-off was introduced in the May 2015 budget, to give “small” businesses an immediate tax deduction on the purchase of most assets (eg cars, equipment, etc) where the cost of each item is below the $20,000 threshold. … Continue reading

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Survey provides a snapshot of Not-For-Profits

The Institute of Community Directors recently released its findings from a survey of 845 not-for-profit organisations. The survey was designed to obtain insights into financial management within the sector including funding, banking, risk management and governance. The full report is … Continue reading

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Federal Budget 2015.

The Abbott government handed down its budget for 2015-16 last night Many key Budget announcements that comprised the Government’s small business package were announced (or “leaked!”) pre-Budget and confirmed in the Budget papers. These include: Accelerated depreciation across multiple areas … Continue reading

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