Politics

Labor extends key small business tax break

The instant asset write-off for small business will be extended for one year, but Anthony Albanese says making it a permanent feature would slow or stop investment.

Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Anthony Albanese says the Coalition’s plan to make the small business instant asset write-off permanent will drive down or delay investment, rendering the tax break ineffective. Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe.

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