The Government has made changes to the tax law to provide tax relief for small businesses that restructure.

The Administrative Appeals Tribunal (AAT) has found that a taxpayer (a childcare worker) was not carrying on a business of share trading, and accordingly was not entitled to claim a loss resulting from her share transactions.

Given that Apple is the most profitable company in history, it may have come as a bit of a shock when they announced on Tuesday 22nd of March that they were planning on offering a cheaper product line in order to retrieve market growth.