Last month, Housing Minister Clare O'Neil told triple j that the government wasn't trying to bring down house prices. The interview found a new life online this week, so we asked the experts what they think.
  • Aussiemandeus@aussie.zoneEnglish
    1·
    12 days ago

    Yeah so effectively everything that is paid to employees is considered an expense to business.

    So for simple numbers

    Bring in 10k through work,

    Pay 5k in wages and then pay tax on the other 5k Small businesses is Australia pay 25 percent so you then owe 1250 in tax

    Not pay tax on the 10k then make wages out of the remaining 7500