Getting in control of your inventory to unlock efficiency and cashflow
As a manufacturing or product-based business, efficient stock management is a big part of running a smooth operation. But the way we manage stock and inventory has changed radically in the past decade, in no small part due to the evolution of inventory technology.
Loss Carry Back Rules – 2023 Financial Year
The loss carry back rule allows an eligible company to obtain a refundable tax offset for losses that have been incurred in the 2019-2020 to 2022-2023 financial years. The 30 June 2023 financial year is the final year in which this offset can be claimed therefore it is a company’s final opportunity to recoup some previous tax liabilities.
