john

Last year the Federal Government were able to provide a tax cut to small businesses with an annual turnover of up to $2 million, and this year the threshold has improved on that to include businesses with an annual turnover of up to $10 million.

Supporting small business has always been the backbone of All Trades Queensland’s and we welcome the tax cuts and support for growth it will bring to our clients.  Our CEO, John Manning, was able to give first hand feedback to Treasurer Scott Morrison MP and Federal Member for Forde, Bert Van Manen MP, on how ATQ as a local employer and an organisation with a large portfolio of small businesses will be supported by tax breaks.

The tax cut will come into effect July 1 this year.