The government has announced the dates from which the small businesses concessions attached to the repeal of the mining tax will no longer apply.

• Abolition of the company loss carry-back from July 1, 2013
• Reduction of the instant asset write-off from January 1, 2014
• Abolition of accelerated depreciation of motor vehicles, also from January 1, 2014
• Abolition of accelerated depreciation of motor vehicles, also from January 1, 2014.

The loss carry-back now cannot be claimed for the whole of 2013-14 as the repeal has been backdated.