The latest financial news from Traverse Accountants to help you succeed.
Read our ‘Clients Insights’ newsletter for the month of July to find out how you could potentially benefit from the latest news and incentives.
Read a summary of our featured articles below, and tdownload our official e-newsletter here to read the full articles
The 120% technology and skills ‘boost’ deduction
The 120% skills and training, and technology costs deduction for small and medium business have passed Parliament. We’ll show you how to take maximise your deductions.
Backing a winner: Digital games tax break
The digital games and interactive entertainment sector is the largest creative sector in the world and one of the fastest growing industries worldwide. The global digital games industry is worth around $250 billion and in Australia, grew 22% between 2020 and 2021 generating $226.5 million in income and employing over 1,300 fulltime workers. And, it’s an industry the Government wants to support with a new tax offset.