Outright capital assets deduction until 30 June 2022 for most businesses (Federal Budget 20/21 Client Alert)
Businesses with aggregated annual turnover of less than $5 billion will be able to deduct the full cost…
Read MoreBusinesses with aggregated annual turnover of less than $5 billion will be able to deduct the full cost…
Read MoreThe Government will allow eligible companies to carry back tax losses from the 2019–2020, 2020–2021…
Read MoreGiven the largesse of the new outright deduction for capital assets until 30 June 2022, the instant…
Read MoreThere were no changes to the capital allowance rules in the 2020–2021 Federal Budget. This means that…
Read MoreThe Government will make technical amendments to clarify the corporate residency test. The law will…
Read MoreThe Budget confirmed the Government’s announcement on 2 October 2020 that it will provide an FBT exemption…
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