Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MORESmall business company tax cuts lifted employment but not wages
The first data analysis of what small businesses did with their tax cut has revealed half of it was pocketed by the businesses, a quarter invested, a fifth created more jobs and almost none went to wage increases.
Small businesses (less than $2 million turnover) received a tax cut from 30 to 28.5 per cent in the 2015-16 budget, which decreased to 27.5 per cent the following financial year for businesses with revenue up to $10 million.
Read the full article on ABC Online.
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