1 in 3 crypto owners confused about tax, study reveals
Australian cryptocurrency owners need to be aware of their profits and whether they incur tax, experts have warned.
Australian cryptocurrency owners need to be aware of their profits and whether they incur tax, experts have warned.
The ATO is currently focusing on ensuring that taxpayers are aware of their obligations regarding treatment of withholding amounts and amount paid to foreign residents.
A levy on short-stay accommodation bookings will apply from next year after being passed by the Victorian parliament.
The ATO has recently confirmed some key focus areas of business debt collection – including debts relating to superannuation guarantee (SG), pay as you go (PAYG) withholding and GST.
Cyber security is everyone’s business. With cyber threats becoming more frequent and
complex now is the time to make sure your business is secure.
The Tax Office has revealed that 250,000 tip-offs have been received about tax avoidance and dishonest behaviours since July 2019.
If you’re an Australian resident for tax purposes, you don’t have to pay income tax on the first $18,200 you earn each year, from any source. This is called the “tax-free threshold”.
Clients failing to engage must “act now” or face rapid escalation of enforcement action, the Tax Office has warned agents.
Check out the The Leaders Who Refused to Step Down 1939 – 2024
The seven-day payment window and closure of the ATO’s clearing house are expected to disproportionately impact smaller employers.