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Budget to extend $20,000 business tax breaks
Phillip CooreyPolitical editor
The instant asset write-off scheme for small businesses will be extended for another year in Tuesday’s federal budget as part of other expected tax measures to encourage business investment.
Treasurer Jim Chalmers has previously said tax incentives would be employed to attract investment in green energy and advanced manufacturing as the Albanese government makes its Future Made in Australia Act a centrepiece of the budget.
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