Australia’s mothers have missed out on more than $1.6 billion in retirement savings because the government refuses to pay super on its parental leave scheme.
The Australian Small Business and Family Enterprise Ombudsman has welcomed the Commonwealth Bank’s decision to implement automatic “least-cost routing” for those with a turnover of less than $250,000.
Did your business make an income tax loss in 2020? You may be eligible for the loss carry back tax offset in this financial year. Get in touch to see if your business qualifies and how to best use this refundable offset to generate cash flow.