{"id":13896,"date":"2015-05-14T07:25:43","date_gmt":"2015-05-13T19:55:43","guid":{"rendered":"http:\/\/quantiphy.com.au\/oldbackup\/tax-discount-for-unincorporated-small-businesses\/"},"modified":"2020-11-29T01:05:05","modified_gmt":"2020-11-28T13:35:05","slug":"tax-discount-for-unincorporated-small-businesses","status":"publish","type":"post","link":"https:\/\/quantiphy.com.au\/oldbackup\/tax-discount-for-unincorporated-small-businesses\/","title":{"rendered":"Tax discount for unincorporated small businesses"},"content":{"rendered":"

The Government said that with effect from 1 July 2015 individual taxpayers with business income from an unincorporated business that has an aggregated annual turnover of less than $2 million will be eligible for a small business tax discount. The discount will be 5% of the income tax payable on the business income received from an unincorporated small business entity, and will be capped at $1,000 per individual for each income year.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Government said that with effect from 1 July 2015 individual taxpayers with business income from an unincorporated business that has an aggregated annual turnover of less than $2 million will be eligible for a small business tax discount. The discount will be 5% of the income tax payable on the business income received from…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-13896","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"\nTax discount for unincorporated small businesses - Quantiphy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/quantiphy.com.au\/oldbackup\/tax-discount-for-unincorporated-small-businesses\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tax discount for unincorporated small businesses - Quantiphy\" \/>\n<meta property=\"og:description\" content=\"The Government said that with effect from 1 July 2015 individual taxpayers with business income from an unincorporated business that has an aggregated annual turnover of less than $2 million will be eligible for a small business tax discount. 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