The Australian Taxation Office has published guidance on how to claim temporary full expensing and loss carry back in the 2020-21 tax return, which was introduced as part of the JobMaker Plan to help businesses recover from the impact of the COVID-19 pandemic.
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How to claim temporary full expensing and loss carry back this tax time
Temporary full expensing and loss carry back are two JobMaker Plan temporary measures you may be eligible to claim for your business in your 2020-21 tax re…