Partner, Head of Tax, Enterprise
There are two main stimulus measures, which have been extended for another 12 months, which is quite a surprise but a very pleasant one.
In encouraging signs for future growth and innovation, one third took advantage of the Instant Asset Write-off and plan to follow suit with the R&D Tax Incentive.
Overall this is a Budget with plenty of useful and targeted measures for business.
Despite the challenges, it is encouraging to see a generally upbeat mood among the CEOs, CFOs and directors surveyed in terms of prospects for the next few years.
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