Miscellaneous 2022

Pass go and collect $200 - How to pass the aggregated turnover test and access tax savings

Source: New South Wales

Published Date: 19 May 2022


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It seems that many of Australia's recent tax changes (and incentives) will limit the aggregated turnover test's application to taxpayers below a certain aggregated turnover.

In this session we explore:

  • What is aggregated turnover, including the meaning of connected and associated entities
  • What aggregated turnover thresholds apply to recent tax changes, including the loss carry back rules
  • What a taxpayer should consider at year end to utilise the loss carry back rules

Individual Session

Pass go and collect $200 - How to pass the aggregated turnover test and access tax savings

Author(s): Marcus Polovineo , Lauren Whelan


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Miscellaneous 2022

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