With the Small business technology investment boost "...An annual $100,000 cap on expenditure will apply to each qualifying income year. Businesses can continue to deduct expenditure over $100,000 under existing law..." Eligibility for the boost however is based on aggregated turnover.
Where a taxpayer may have more than one business or trade under more than one entity, does the $100K Cap apply to each business entity within a group, or doe the cap apply to the whole group?
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578 views
2 replies