NBS Partners in Wollongong, New South Wales | Business service
NBS Partners
Locality: Wollongong, New South Wales
Phone: +61 1300 741 660
Address: 3/46 Montague St 2500 Wollongong, NSW, Australia
Website: http://www.nbs.partners
Likes: 10
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09.01.2022 How is last weeks federal budget going to impact your business? 1) The temporary full expensing incentive will be extended for 12 months until 30 June 2023. Impact: can deduct full cost of eligible depreciating assets.... 2) The loss-carry back available to companies will be extended by 12 months. Impact: can carry-back company losses to offset previous taxed profits. Both measures are optional and need to be considered as part of your overall tax planning. For a copy of our federal budget newsletter shoot us an email at [email protected].
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