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Good News for Companies:

Updated: Aug 26, 2020

As the 2020/21 financial year begins, incorporated businesses with a turnover of less than $50m will see their company tax rate reduced from 27.5% to 26%.


Small businesses are the backbone of Australia’s economy and are a vital part of the COVID-19 recovery, supporting them has never been more important.


If you have any questions, please contact us on 02 4402 8913



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Bookkeeping service in Nowra. Help for small businesses with bookkeeping and Xero accounting software
Small Business Tax Cuts

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