Legislation has now passed to allow eligible corporate entities a 12-month extension of the temporary loss carry-back measure. Read on!
12-month extension of the temporary loss carry-back measure
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Business
ATO summary of hiring your first worker
To ensure you meet your tax and superannuation obligations as an employer, check out this ATO summary of hiring your first worker.
Immediate Deductions Extended
Temporary full expensing enables your business to fully expense the cost of certain assets in the first year. Read on for immediate deductions extended!
ATO’s Attack on Trusts and Trust Distributions
The ATO released new guidance material that directly targets how trusts distribute income. For the ATO’s attack on trusts and trust distributions, read on!
Cash injection for struggling businesses
Businesses struggling with the pandemic have been offered new grants and support in NSW, SA and WA. Read on for cash injections for struggling businesses.