by AccountingProfessionals | Mar 13, 2019 | Accounting Professionals
Individuals with a total superannuation balance (TSB) below $500,000 are now able to “carry forward” their unused concessional contributions (CC) cap space to future years in order to catch up on contributions later when they have the capacity to do so. Usually, an...
by AccountingProfessionals | Mar 13, 2019 | Accounting Professionals
The government plans to give companies greater access to prior year tax losses in a bid to stimulate business innovation. A new alternative to the “same business test” – the “similar business test” – will make it easier for companies that have experienced a...