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July 16 2020

Coronavirus Super withdrawal implications - the hangover that could last the rest of your life

While I don’t disagree with the Australian government’s decision to allow people to take out $10,000 one year and $10,000 the next due to Covid-19 – I do not view it as a lifeline.

I view it as having a massive night out – but the hangover could last the rest of your life.

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By Scott Kay

Integrity Plus Accounting

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By Scott Kay

May 31 2021

Can Your Business Claim the Loss Carry Back Tax Offset?

As part of the Federal Budget 2020-21, the government announced a loss carry back measure to encourage new investment and work with the temporary asset expensing measures also announced at the budget. The new law started on 1 January 2021. Eligible corporate entities that previously had an income tax liability in a relevant year, and […]

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