Comments on: 25% Entrepreneurs Tax Discount for Australian Small Business http://www.roadlesstravelled.com.au/25-percent-entrepreneurs-tax-offset-for-australian-small-business/ Travel Tales and Photos from around the world off the beaten track Sat, 06 Mar 2010 07:14:21 +1000 http://wordpress.org/?v=2.9 hourly 1 By: orillius http://www.roadlesstravelled.com.au/25-percent-entrepreneurs-tax-offset-for-australian-small-business/#comment-2428 orillius Sat, 29 Dec 2007 00:47:28 +0000 http://www.roadlesstravelled.com.au/25-percent-entrepreneurs-tax-offset-for-australian-small-business/#comment-2428 It's quite amazing how many tax incentives there are for businesses. In Canada (Ontario) we have called SR & ED (Scientific Research & Experimental Development). For example, if you're developing software and it's somehow unique (does not exist on the shelf) then you can likely qualify to have a 40-60% of the development costs returned as a tax credit! Unfortunately many businesses don't know these tax programs exist and never take advantage of them! It’s quite amazing how many tax incentives there are for businesses. In Canada (Ontario) we have called SR & ED (Scientific Research & Experimental Development). For example, if you’re developing software and it’s somehow unique (does not exist on the shelf) then you can likely qualify to have a 40-60% of the development costs returned as a tax credit!

Unfortunately many businesses don’t know these tax programs exist and never take advantage of them!

]]> By: Chris http://www.roadlesstravelled.com.au/25-percent-entrepreneurs-tax-offset-for-australian-small-business/#comment-600 Chris Sat, 20 Oct 2007 02:24:08 +0000 http://www.roadlesstravelled.com.au/25-percent-entrepreneurs-tax-offset-for-australian-small-business/#comment-600 Yeah, he is a conservative, but they got a small minority government, so most of their economic policies don't get through. As well, there's still provincial taxes. Yeah, he is a conservative, but they got a small minority government, so most of their economic policies don’t get through. As well, there’s still provincial taxes.

]]> By: Chris http://www.roadlesstravelled.com.au/25-percent-entrepreneurs-tax-offset-for-australian-small-business/#comment-599 Chris Sat, 20 Oct 2007 02:12:06 +0000 http://www.roadlesstravelled.com.au/25-percent-entrepreneurs-tax-offset-for-australian-small-business/#comment-599 Damn I wish they had something like this in Canada. This would help a lot of small businesses get that little extra cash they need EDITOR: well your current Prime Minister Stephen Harper is a conservative so he probably would be open to doing something similar Damn I wish they had something like this in Canada. This would help a lot of small businesses get that little extra cash they need

EDITOR: well your current Prime Minister Stephen Harper is a conservative so he probably would be open to doing something similar

]]> By: Matthew Anton http://www.roadlesstravelled.com.au/25-percent-entrepreneurs-tax-offset-for-australian-small-business/#comment-597 Matthew Anton Fri, 19 Oct 2007 23:28:35 +0000 http://www.roadlesstravelled.com.au/25-percent-entrepreneurs-tax-offset-for-australian-small-business/#comment-597 really informative...are you sure something like this doesn't exist in America? I would like to utilize something like this if anyone knows. really informative…are you sure something like this doesn’t exist in America? I would like to utilize something like this if anyone knows.

]]> By: John Lampard http://www.roadlesstravelled.com.au/25-percent-entrepreneurs-tax-offset-for-australian-small-business/#comment-526 John Lampard Tue, 09 Oct 2007 07:23:51 +0000 http://www.roadlesstravelled.com.au/25-percent-entrepreneurs-tax-offset-for-australian-small-business/#comment-526 I was pleasantly surprised by the entrepreneurs tax discount when I was doing my tax this last year. I botched up (in typical fashion) my calcuations on my return, which thankfully the ATO corrected in my favour, and was quite impressed with the value of the discount. I was pleasantly surprised by the entrepreneurs tax discount when I was doing my tax this last year. I botched up (in typical fashion) my calcuations on my return, which thankfully the ATO corrected in my favour, and was quite impressed with the value of the discount.

]]> By: jason http://www.roadlesstravelled.com.au/25-percent-entrepreneurs-tax-offset-for-australian-small-business/#comment-518 jason Tue, 09 Oct 2007 01:51:33 +0000 http://www.roadlesstravelled.com.au/25-percent-entrepreneurs-tax-offset-for-australian-small-business/#comment-518 I wish we had some tax break like this in the USA... I wish we had some tax break like this in the USA…

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