Posts tagged "small business energy incentive"

Trying to wrap your head around your energy usage, demand charges and tariffs can seem like more trouble than it’s worth, especially for busy business owners. But what if managing your energy was easier than you think?

Small businesses will be free to claim immediate tax deductions under the $20,000 instant asset write-off scheme, and seek a bonus 20% deduction on energy-efficient upgrades, after a contentious and long-delayed bill passed in Parliament Tuesday night.

Small business figureheads fear the full $314 million in tax benefits expected under the Small Business Energy Incentive will go unrealised, with its delayed passage into law causing uncertainty among the business owners it was designed to help.