Posts tagged "loss-carry back scheme"

The tax office is forewarning businesses that it will closely monitor asset write-off and loss carry-back claims this end of financial year.

Treasurer Josh Frydenberg has handed down the 2020 federal budget. Here's what it means for small businesses and startups.

The government has confirmed a loss carry-back scheme that will allow businesses to claim back taxes paid on last year’s profits.

Treasury is considering a scheme allowing SMEs to claw back tax paid on last year’s profits, to be announced in tomorrow night’s budget.

The federal government has succeeded in repealing the mineral resource rent tax following a deal reached with the Palmer United Party, but t…