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Prior tax losses can help you meet NCL rules
The Non-Commercial Loss (NCL) rules have been a thorn in the side for individuals conducting a business, alone or in partnership, since their inception in 2000.
Itchintogo Towards $3m Magic Millions 2YO Classic
Successful in the Listed BRC Phelan Ready Stakes (1100m) last start, Tony Gollan sent Itchintogo (Sun City) to Saturday’s $150,000 Aquis Gold Nugget QTIS 2YO (1100m) at the Gold Coast where he utterly dominated his rivals as favourite, highlighting his chances in next Saturday’s $3m Magic Millions 2YO Classic (1200m).