Posts Tagged: Tax

For those businesses nominating for Technology Fast 50, the challenge is more about moving beyond the start-up phase where cash is burned and revenue limited. Getting cash into the business is king! Once in growth phase, tax losses are likely to be carried forward to shelter some scaling of revenue and profitability, which is a natural outcome of the tax system.

“Following the amendments to the Thin Capitalisation safe harbour, debt deductions denied are estimated to rise from $0.8 billion to $8.7 billion – in view of these changes, there is likely to be an increase in ATO Thin Capitalisation review activity”