Australian Federal Budget 2015 Small Business winners
1. NOW...
Tax Offset for Others
Restart Subsidy
From 1 Apr 2016
From 1 Nov 2015
From 1 July 2016
Start-Up Costs
FBT exemption for Small
Businesses for multiple mobile
electronic devices
over 12 months for older employees
paid to
employers
CGT Roll-Over Relief
No CGT for small businesses
when changing legal structure
Immediate deduction for professional
services costs (like Accounting costs)
for small business start ups
8 WAYS FOR YOUR
There are plenty of exclusions, rules and regulations attached
to all these changes so don’t miss out on the rebates and
incentives you’re business is entitled to. Speak to the
Bentleys tax consulting team to see what you are eligible for.
Small Business to
Benefit fromThe Budget
SMALL BUSINESS ARE
WINNERS & GRINNERS
for Small Business
to spend on
deductible asset/s
$20k
Instant write-offs
reduction in tax
liability (max $1,000)
for Small Business
5%
$10,000
FROM 1 JULY 2015...
rate reduction for
Small Business1.5%
Tax Relief for Companies
T +61 8 9226 4500 W bentleys.com.au/wa
Think Ahead. Talk to Bentleys Today.
SOURCE: www.budget.gov.au
Ross Prosper
Taxation & Business
Services Assoc Director
Employee Share Schemes (ESS)
More entities eligible and
extending the CGT discount,
to attract new skills and talent