Opposition Pledges $20,000 Meal, Entertainment Tax Break for Small Business

The tax break will be available for businesses turning over $10 million.
Opposition Pledges $20,000 Meal, Entertainment Tax Break for Small Business
Crowds gather at restaurants in the Chinatown district to celebrate the Lunar New Year in Sydney, Australia, on Jan. 29, 2022. Lisa Maree Williams/Getty Images
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In a move aimed at galvanising the hospitality sector, Opposition Leader Peter Dutton is promising to allow small businesses to claim a tax refund for meals or entertainment, if elected this year.

With an election expected before May 2025, both Prime Minister Anthony Albanese and Dutton have ramped up their pre-election pitches in recent weeks.

Monica O’Shea
Monica O’Shea
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Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]