If your business is expected to make a loss in the 2020 or 2021 year, you can use that loss to offset profits you made the year before.
The Government has announced a business support package with $3.2 billion targeted for the wage subsidy extension.
Audits have already started on the wage subsidy. Read more if you think you have over claimed.
Latest Government support measure. Live today, 12th May 2020. Read more about the key points to this scheme.