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Single small business definition called for in Board of Taxation review

The government has been called to adopt a harmonised definition of a small business entity by adopting a standard $10 million per annum turnover threshold, a new review has put forward.

Single small business definition called for in Board of Taxation review
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Single small business definition called for in Board of Taxation review

The government has finally released the Board of Taxation’s review of small business tax concessions after it was completed and delivered to the Treasurer in March 2019.

Read more at the Accountants Daily. 

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