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Client Information Newsletter - February 2018

Key Factors for rescuing a bad debt deduction
It is very often the case that unpaid debts owed to a business can have a significant impact on cash flow and the ongoing profitabilibity of a business. In a taxation context the characterisation of a particular debt as either 'doubtful' or 'bad' is key as to whether or not the writing off of that debt would be deductible.

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