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COVID-19: Instant asset write-off and business investment incentive - FAQs

Jenny Wong discusses two key measures affecting business from tranche 1 of the Government’s economic stimulus package.

The world has moved rapidly between tranche 1 and tranche 2 of Federal Government’s economic stimulus response to the economic impacts COVID-19 will have on Australian businesses.Tranche 1 was focussed on ‘stimulus’ and tranche 2 is very much focussed on ensuring business continuity and solvency.In this article, I will address two key measures that affect business from tranche 1 of the Government’s economic stimulus package. The Coronavirus Economic Response Package Omnibus Act 2020 (the...

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Authors: Jenny Wong

Published Date: 27 March 2020

 

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