Part 2: Tax Offsets for Companies

We’re now on Part 2 and the final instalment of our tax offset mini-series – this time focusing on tax offsets available for companies.

Compared to individual tax offsets, company tax offsets are fewer, but they still make a meaningful difference to a company’s...

Part 1: Tax Offsets for Individuals

Have you ever calculated your tax payable and thought,

“Wait… this is lower than I expected!”

That’s the magic of tax offsets – one of the nicer surprises in taxation, like little bonuses hidden in the system.

Tax offsets and tax deductions are a bit alike – b...