Australian Resident Taxation Matters It is important to know if you are an Australian resident you need to pay income tax. This is especially important for people who have recently moved here or have been here for 6 months or more of the tax year. To help people in this position, a guide has been […]
Loss carry back measures
Loss carry back measures Confirmation that the loss carry-back measures were finally passed by Parliament just days before 2012-13 ended, in a move to benefit more than 110,000 Australian companies. The loss carry-back law provides a company with the choice to carry back up to $1 million of losses against profits from a previous […]
