Senate debates Questions without Notice

Budget


Jane Hume

Jane Hume Victoria, Liberal Party, Shadow Minister for Employment and Industrial Relations

2:02 pm

Clearly, there's no answer for the cafe. What about other businesses? Under the Prime Minister's new policy of classifying small businesses as innovative to receive favourable capital gains tax treatment, what, for instance, would a hairdresser need to do to be classified as innovative? Is there a way for an innovative hairdresser to claim the capital gains tax discount?

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