SMH ·general ·1 hour ago

Albanese plots CGT concessions to avoid angry backlash from small business

Prime Minister Anthony Albanese is considering widening capital gains tax exemptions for small businesses to quell a growing backlash over Labor's budget reforms. The government may expand thresholds unchanged since 2007, potentially increasing turnover limits to $10 million and net assets to $12 million.

Summary by Glance · SMH

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