SEPTEMBER 2022 UPDATE

120% DEDUCTION FOR SKILLS TRAINING AND TECHNOLOGY COSTS

An election ago, the 2022-23 Budget proposed a 120% tax deduction for expenditure by small and medium businesses on technology, or skills and training for their staff. This proposal has now been adopted by the current Government and details released in recent exposure draft by Treasury. See below link to our September Update and as always if you would like to discuss further please contact our office on 02 4304 8888.

Click here to download the details