Small business tax cut in SA budget
Small businesses with payrolls under $1 million will get tax relief from the South Australian government in this week's budget, costing the state an estimated $45 million over four years.
Treasurer Tom Koutsantonis says Thursday's financial blueprint will legislate a 2.5 per cent payroll tax rate for businesses with payrolls between $600,000 and $1 million and also provide some tax relief for businesses with payrolls as high as $1.5 million.
Read the full article on Sky News.
