AAP General News (Australia)
12-12-2008
Fed: Cash flow boost for small business
Australia's small businesses are being given temporary tax relief .. aimed at improving
their cash flow early next year.
Businesses with an annual turnover under two million dollars will be allowed to postpone
20 per cent of their next Pay As You Go tax instalment .. due in January and February
.. until they make their annual return.
Federal Small Business Minister CRAIG EMERSON's told ABC Television it'll inject 440
million dollars of cash flow into those businesses.
AAP RTV rl/af/tm
KEYWORD: TAX (CANBERRA)
2008 AAP Information Services Pty Limited (AAP) or its Licensors.
No comments:
Post a Comment