FEDERAL BUDGET 2021

14 May 2021

• Extension of temporary full expensing measures

• Loss carry back

• Tax depreciation of intangible assets

• Boosting apprenticeships through wage subsidies

5 TAKE OUTS FOR SMEs

1. Invest in capital assets

2. Utilise incentives to increase employment

3. Take some breathing space to get back on your feet

4. Value the women in your business

5. Benefit from the 25% company tax rate