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ExplorePolicies/ Labour · 2026
Labour · 2026 · economy

Small business payments and tax thresholds

Original factual summary of a published party position. A proposal does not establish delivery, impact or an individual MP’s personal position.

Labour proposes a 15-day payment rule for qualifying small-business invoices from large firms. It also proposes a $10,000 low-value asset deduction threshold for businesses with annual revenue below $10 million from July 2027, and an $80,000 GST registration threshold from July 2028.

Party
Labour
Recorded status
Published proposal; selected measures, implementation not verified
Publication date
Not dated by publisher; observed in 2026
Recorded review date
1 October 2026
Year basis
Current position observed in 2026; this is the year checked, not a claimed first publication date.
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