ATO sounds warning on companies misusing asset write-off and loss carry-back schemes Federal Budget 2020 Eloise Keating 30 October 2020 The ATO has warned businesses against misusing the government’s expanded asset write-off scheme and the new loss carry-back provisions.
Budget 2020: Loss carry-back scheme will allow businesses to reclaim last year’s taxes Coronavirus Stephanie Palmer-Derrien 6 October 2020 The government has confirmed a loss carry-back scheme that will allow businesses to claim back taxes paid on last year’s profits.
