Revolt over Labor bid to stem ATO tax break for small businesses

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 A fresh row has erupted over support for small business following attempts by the government to scrap provisions that enable firms that do not pay their tax on time to deduct the late fee charged by the Australian Taxation Office. The Coalition and the Senate crossbench have opposed the measure, first announced in December 2023 and designed to raise $500 million a year, but the government has included it in an omnibus bill that includes unrelated but popular measures.

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