Companies are not allowed to trade insolvent. That’s supposed to,prevent that kind of behaviour, too.
However, I agree, people should have the same access to offset genuine losses as companies do.
Similarly, companies should be paying gst. We could make the gst refundable on their primary product. Eg if you make steel, for instance, the raw ingredients should be claimable, but why is the computers you buy, the chairs you sit on, the door, the factory structure, the plumber who rises the toilet etc etc all claimable for a business but not a person?
Companies are not allowed to trade insolvent. That’s supposed to,prevent that kind of behaviour, too.
However, I agree, people should have the same access to offset genuine losses as companies do.
Similarly, companies should be paying gst. We could make the gst refundable on their primary product. Eg if you make steel, for instance, the raw ingredients should be claimable, but why is the computers you buy, the chairs you sit on, the door, the factory structure, the plumber who rises the toilet etc etc all claimable for a business but not a person?