The Tasmanian Government recently announced a new support grant from $750 to $1,500 per annum to pay for financial or business guidance services. Businesses with annual turnover of at least $25,000 and no more than 19 full time equivalent (FTE) employees are eligible.
This week the Tasmanian Government announced a supercharged expansion of support grants.
Support grants of between $2,000 and $10,000 are available to Tasmanian businesses that have suffered a significant reduction in turnover as a direct result of lockdowns and border closures in other states.
With the Federal Election now out of the way, many businesses will turn to considering whether there might be any opportunities to reduce their tax liability for the year about to end on 30 June 2019. Just prior to calling the election, the Government managed to pass legislation extending the scope of its instant asset write-off. As a result, eli...