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From 2015 to 2016, designated "small business entities" with an aggregated annual turnover threshold of less than $2 million were eligible for a lower tax rate of 28.5%. Since 1 July 2016, small business entities with aggregated annual turnover of less than $10 million have had a reduced company tax rate of 27.5%.
In 1884, a general tax on income was introduced in South Australia, and in 1895 income tax was introduced in New South Wales at the rate of six pence in the pound, or 2.5%. [6] Federal income tax was first introduced in 1915, in order to help fund Australia's war effort in the First World War . [ 7 ]
Australia Tax is a phrase describing the generally higher prices in Australia of goods and services than equivalent costs in comparative overseas nations such as the United States. This is particularly the case for video games , [ 1 ] computer hardware, and software but may extend to non-technological items such as cars, designer clothing and ...
The official cash rate (OCR) is the term used in Australia and New Zealand for the bank rate and is the rate of interest which the central bank charges on overnight loans between commercial banks. This allows the Reserve Bank of Australia and the Reserve Bank of New Zealand to adjust the interest rates that apply in each country's economy.
TL;DR: Get an unlimited subscription to ThunderDrive cloud storage with this sale: A 500 GB plan is just $29 while a 2 TB plan is $59.* * *Entrusting your files to a server located in some ominous ...
Those of us who signed up for recurring 99 cent payments to Apple for more iCloud space years ago might get some of that money back soon.That’s because Apple apparently breached its own terms of ...
In the debates about forming a federation, New South Wales was known as the "free trade" colony and Victoria, the second of the "large" colonies, as "protectionist". By the end of the century, Queensland and Western Australia had average rates which were more than double that of Victoria but revenue motives predominated in these colonies. [3]
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