Appendix D: Other Small Business Tax Policies | RDP 2018-07: The GFC Investment Tax Break

RDP 2018-07: The GFC Investment Tax Break Appendix D: Other Small Business Tax Policies

David Rodgers and Jonathan Hambur

June 2018

Table D1: Other Small Business Tax Policies
Policy	Eligibility dependent upon small business status?	In force at the same time as investment tax break?
Capital gains concessions	No, businesses could qualify via $6m net asset value threshold	In force prior to and including investment tax break period
Accelerated depreciation for assets < $1,000	Yes	In force prior to and including investment tax break period
Entrepreneurs tax offset	No, requires revenue < $75K	In force prior to and including investment tax break period
GST exemption	No, requires revenue < $75K	In force prior to and including investment tax break period
Reduction in intra-year tax instalments: 20% reduction in PAYG instalments for December quarter 2008 and CPI growth rate for PAYG and GST instalments during 2009/10	No, businesses could qualify via assessable income (profit) < $2m	Yes