The 2010 Budget – What Does it Mean?
After slashing almost $1 billion worth of incentive programs designed to help entrepreneurs during the 2008 budget in favor of increasing the Centrelink assistance given to carers and those on a disability pension, the Rudd Government followed the 2009 budget up by announcing some initiatives to assist small business in a minor way. The foremost of these is a boost to the small business tax breaks available for buying assets before the end of June 2009 up from 30% to 50%.
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