02/10/2026
Eligible corporate tax entities may now be able to carry back current tax losses against tax paid in the previous two income years, providing a potential refundable tax offset and helping support cash flow.
The changes apply from ๐ ๐๐ฎ๐ฅ๐ฒ ๐๐๐๐, with eligible entities able to make their first claim in their ๐๐๐๐โ๐๐ ๐ญ๐๐ฑ ๐ซ๐๐ญ๐ฎ๐ซ๐ง.
BBSI can help you understand the eligibility requirements and determine how the new rules may apply to your business. https://www.bbsi.com.au/
Source: https://bit.ly/4ygoWYa