Brisbane Times
·general
·1 hour ago
Albanese plots CGT concessions to avoid angry backlash from small business
Prime Minister Anthony Albanese is considering capital gains tax concessions for small businesses to avoid a political backlash following budget confusion. Labor may widen existing exemptions before July parliamentary votes, potentially raising thresholds unchanged since 2007. The Council of Small Business Australia seeks increases to $10 million turnover and $12 million net assets.
Summary by Glance · Brisbane Times
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