Do you know your break-even point?

Do you know your break-even point?

All business owners need to be aware of their break-even point — that is, the number of units they need to sell, or the amount of income they need in order to cover their operating costs. Once you’ve reached your break-even point, it’s time to celebrate: your business...
New loss carry-back measure

New loss carry-back measure

The last Federal Budget included several tax changes designed to assist the Australian economy in recovering from the impact of the COVID-19 pandemic. The changes announced were the temporary re-introduction of the loss carry-back rules for corporate tax entities (it...