Budget 2020: Asset write-off, loss carry-back provisions and R&D changes pass parliament Federal Budget 2020 Eloise Keating 9 October 2020 Legislation for the new asset write-off scheme, as well as personal income tax cuts, passed through parliament without amendments on Friday.
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.
