It’s hard to keep up with government changes to tax, let alone how they might affect your business between announcements and legislation.

Tax expert Michael Jones highlights the issue with the government’s proposal to reduce the small business company tax rate from 30% to 27.5%. Until the legislation is passed, how should you address franking credits to shareholders?

Audio by Business Essentials. For more business interviews please visit http://www.be.com.au/business-essentials-audio-programs