Submission on the investment allowance

We have made a written submission to the Federal Government on the Investment Allowance, pitching the case for the inclusion of busivess software.  The current Tax Laws Amendment (Small Business and General Business Tax Break) Bill 2009 on page 12 lists computer software as not eligible.

Our argument is that business software is as valuable and important an asset to a business as a piece of machinery is to a miner.

Leave a Reply

Your email address will not be published. Required fields are marked *

Reload Image