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CreditorWatch Blog

A permanent $20,000 instant asset tax write-off for businesses tops SME wishlist, MYOB finds

A permanent $20,000 instant asset tax write-off for businesses tops SME wishlist, MYOB finds

Seven in ten small businesses want the $20,000 instant asset tax write-off to continue past 30 June, this year, when it is due to expire, according to accounting software provider MYOB. The latest MYOB Business monitor, a bi-annual survey of more than 1,000 small businesses, asked operators what policies they would and wouldn’t vote. MYOB […]

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Online GST Changes: Welcome relief for domestic online retailers

Online GST Changes: Welcome relief for domestic online retailers

An agreement by national leaders to lower the GST-free threshold to capture online transactions under $1000 is hoped to put domestic retailers on a more equal footing with their international competitors. Online retailers have long suffered from the current exemption as they lose customers to overseas retailers looking for cheaper goods. “Ensuring overseas online transactions […]

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