3 hours ago

Peter Dutton Proposes $20,000 Tax Deduction for Small Businesses

Peter Dutton Proposes $20,000 Tax Deduction for Small Businesses
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7 Highlights
  • Peter Dutton offers $20,000 tax deductions to small businesses.
  • Policy aids small firms under $10M turnover, promoting spending.
  • Deductions include dining and entertainment but not alcohol.
  • Plan excludes Fringe Benefits Tax to help with employer costs.
  • Dutton supports grassroots growth and economic activity.
  • Dutton and Albanese engage in pre-election campaigns.
  • Federal election deadline is May 17, say authorities.
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