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Tax cut alternatives floated amid Senate stalemate

The government has been urged to consider alternatives of slashing the corporate tax rate to deliver tax cuts, including a beefed up version of the instant asset write-off that Labor has proposed.

Tax cut alternatives floated amid Senate stalemate
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Tax cut alternatives floated amid Senate stalemate

With the second tranche of tax cuts for businesses over $50 million shot down in the Senate last month, the government has announced that it will not be taking the policy to the next election, instead focusing on accelerating tax cuts for small to medium-sized businesses.

Read the full article at My Business.

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