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Loss offets & subventions

Loss offets & subventions

The loss offset (and subvention payment) mechanism allows a ‘profit’ company to reduce its taxable income by utilising the tax losses of a ‘loss company’. The mechanism is a great tool that is commonly used. Before a loss offset can be made, the...

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After work drinks

AFTER WORK DRINKS A recent study found that up to one in five office workers enjoy going for a drink with co-workers at least once a month. This begs the questions as to whether after-work drinks are good for a person’s career. Although there is...

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