Mixed response to RBA rate rise
There has been a mixed response from employer and industry groups to the Reserve Bank’s rate rise on Tuesday (5...
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Businesses are set to benefit from extended instant tax deductions, new infrastructure and public investment funds, but some will face tighter tax rules, tougher enforcement and a cut to research and development incentives.
With the Government sticking to its 10-year plan to reduce company taxes for all businesses from 30 to 25 per cent — a plan currently stalled in the Senate — its budget measures for business are split between boosts and burdens.
Read the full article at ABC Online.