Are you eligible for the lower corporate tax rate?
Under the new regime, eligibility for lower corporate tax rates is dependent on meeting the new definition of Small Business Enterprise (SBE) and Base Rate Entity (BRE).
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Corporate Tax Cuts
All in all, it seems that the stage is now well and truly set for reductions in corporate tax rates. And whilst analysts lament on the wider impacts, the intent is a breath of fresh air for Australian businesses and gladly, will be here sooner than originally expected.
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Mark Semmens
Mark is a Chartered Accountant with a wealth of experience in accounting and taxation. Mark is a Member of Chartered Accountants Australia and New Zealand, the Tax Practitioners Board and the National Tax and Accountants Association.
Mark's blogs
Daniela Semmens
Daniela Semmens is a Co-Director of Semmens & Co. and joined the company as General Manager in 2017. Daniela is an Affiliate Member of Chartered Accountants Australia and New Zealand and also a Member of the Australian Institute of Project Management.
Daniela's blogsContact Us Today
For any enquiries into our team or our services please contact Semmens & Co. via email at info@semmensco.com.au or call us on 03 8320 0320
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