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Australia Federal Budget
The 2015 Budget boosts jobs, growth and opportunity • We are building on our strong foundations with a responsible Budget focused on small business, better child care and measures that improve fairness. Growing jobs and small business - $5.5 billion including $5 billion of tax relief • Supporting small businesses, with annual turnover under $2 million, by cutting small companies’ tax rate by 1.5 per cent and giving a 5 per cent tax discount to small unincorporated businesses. • Encouraging investment by allowing small businesses to immediately deduct each asset costing under $20,000 that is purchased between ... (full story)
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