News and Views Podcast Show · Sarah Power: Director of Business Concepts Group, Financial Planner and Accountant

NV142: Small Business Tax Boosts

·17 min·1 clip

Sarah Power reveals how small businesses can claim a 20% extra tax deduction on employee training expenses.

Sarah Power and Chris Reid discuss two small business tax boosts for the 2023 tax year: a 20% extra deduction on employee training expenses and a capped bonus for technology investments. They explain eligibility, eligible expenses, and key deadlines to help businesses maximize tax savings.

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