The 2025 Federal Budget delivered a mixed bag for Australia’s small business community. SBTC has analysed the key measures and their practical implications for members across all sectors.
Instant Asset Write-Off Extended
The instant asset write-off was extended for eligible businesses, allowing them to immediately deduct the full cost of qualifying assets. While SBTC had advocated for a higher threshold, the extension is welcomed as a practical measure supporting capital investment in small firms.
Full details on eligibility and how to claim are available from the Australian Taxation Office, which has updated its small business tax guidance with worked examples.
Energy Bill Relief Fund
Eligible small businesses will receive energy bill credits applied automatically through their electricity retailer. The measure is designed to reduce operational cost pressures that have been a consistent concern raised in SBTC’s annual member survey.
What Was Missing
Notably absent were meaningful reforms to payroll tax harmonisation — a perennial issue for businesses operating across borders. SBTC will continue to advocate through the government reform agenda. Visit business.gov.au for a full summary of Budget measures affecting small business.
