The POS Software Blog

News from Tower Systems about locally made POS software for specialty local retailers.

No Tax break for software


We have received a response from Joe Hockey’s office from our lobbying re the 50% tax break for small business available until December 31, 2009.  It was an off the shelf answer just as we got from the Treasurer’s office a few weeks ago.

I had hoped that the Opposition might understand the opportunity on this issue.  It goes to productivity, small business, Australian made software and boosting the business sector.  Lots of boxes ticked there.

Politicians don’t get the important of software to business and small business in particular.  They don’t get that it is odd that a small business can get a tax break for buying a painting but not for buying software which improves the financial performance of the business.

Software companies are not helping their own cause on this – as I understand is, not many have complained about the treatment of software in terms of the tax break.

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By Mark