'Game changer' $27b capex tax break killed off - The Australian Financial Review

A massive business expense tax break announced by Treasurer Josh Frydenberg in the early days of the COVID-19 pandemic was killed off in Tuesday’s federal budget.

Under the enhanced write-off rules, businesses with an aggregated annual turnover of between $50 million and $500 million were still allowed to deduct the full cost of eligible second-hand assets cos… [+1979 chars]

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