House debates

Wednesday, 9 May 2018

Questions without Notice

Budget

2:29 pm

Photo of Scott MorrisonScott Morrison (Cook, Liberal Party, Treasurer) Share this | Hansard source

I thank the member for Swan for his question. There is no stronger advocate or person in this place who has a better understanding of what it takes for small businesses to succeed than the member for Swan. He will be pleased, as small businesses all around the country will be, that the instant asset write-off has been extended for a further year—that successful program begun many years ago under this government to ensure that small businesses can invest in their businesses and grow their businesses. This is an important part of a tax approach that this government has taken, which says that the money that is paid to the government in tax is paid by taxpayers. That's who pays the taxes.

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