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How to claim company loses from other assets | Chan & Naylor

How to claim company loses from other assets | Chan & Naylor

by Ershad Ullah | Mar 7, 2021 | Business

Business taxpayers operating as sole traders or partners in a partnership should know that special rules relate to business losses. These rules apply equally to Australian and foreign taxpayers. Taxpayers may claim business losses against other taxable income, only...
Franking Credits: How does it function and who profits?

Franking Credits: How does it function and who profits?

by Ershad Ullah | Mar 7, 2021 | Tax and Accounting

Franking refers to tax credits, and the process that eliminates or reduces the taxation of cash payouts to its shareholders is referred to as dividend imputation. The tax credits are beneficial to individuals on high tax rates and to individuals on lower tax rates, as...

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