03/05/2016 - 19:53

Moderate tax cuts in Morrison budget

03/05/2016 - 19:53

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An increase of the small business tax threshold to $10 million and a reduction of the company tax rate to 27.5 per cent from July 1 is the first step in a plan to hit a rate of 25 per cent in a decade, Treasurer Scott Morrison said in his first budget.

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