Two tax changes announced in Tuesday’s Federal Budget actually work against business innovation. Businesses must now depreciate their computer software over 4 years, not 2.5. This pulls in $1.3b in tax but discourages upgrading. (However it might be good news for vendors of software as a service and proponents of open source software.) Similarly, Fringe Benefits Tax rules for laptops and PDAs given to employees have been tightened, discouraging a more flexible, mobile workforce. I thought we were meant to be building for the future…
Word-whore. I write 'em. I talk 'em. Information, politics, media, and the cybers. I drink. I use bad words. All publication is a political act. All communication is propaganda. All art is pornography. All business is personal. All hail Eris! Vive les poissons rouges sauvages!