One of the new measures announced in the 2020-21 Federal Budget allows corporate tax entities to carry-back tax losses from certain years and offset them against tax paid on profits. But there are some limitations that businesses and their tax advisers need to be...
The 2020/21 Federal Budget was delivered on Tuesday 6th October by the Federal Treasurer, the Hon. Josh Frydenberg MP. There will be many questions over the coming days, however TSP Accountants have summarised some of key points in this article. If you feel you are...