Allied Farmers Limited has successfully obtained a Private Ruling from Inland Revenue which is expected to result in a significant increase in the tax losses available to the Allied Farmers Group.
The amount of available tax losses at 30 June 2022 is expected to increase from $36.3 million to $189.8 million.
The ability to use the tax losses is dependent on meeting the shareholder continuity requirements of prevailing income tax legislation.
See more
The Index closed at 12,988.03, up 83.92 points or 0.65%
Metro Performance Glass has secured an extension on its banking facility out to the end of July next year.In late November, the glass supplier and manufacturer declared net debt increased from $53 million to $55.2m in the six months to Sep 30. The company’s banking facility stoo...
Miller will need to juggle some directorships.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details
