The Fringe Benefits Tax exemption on electric cars has now passed parliament. Using this exemption can result in a saving of around 40% off the purchase and running costs of an electric car purchase. The FBT exemption applies to...
The ATO has issued a new, less generous method for calculating home office expenses and also introduced increased record keeping requirements. The new record keeping requirements apply from 1 January 2023 and the new home office deduction rate applies...
The South Australian Government has announced a number of grants to assist South Australians impacted by the Murray River flood. Assistance is mainly aimed at businesses and primary producers while there are also some grants available for individuals. Assistance...
Cryptocurrency, like any investment is subject to tax. The ATO have been increasing their surveillance of crypto trading and if you dont declare your gains, there is a high chance of an ATO audit. Cryptocurrency exchanges are required to...
Super Funds are a popular investment vehicle in Australia due to their concessional tax rates (15% or lower). It is possible to buy crypto in a Super Fund but only in particular circumstances. At this time there isnt any...
The number of people invested in Cryptocurrencies has risen significantly over the last year with some estimating that one in 5 Australians own Crypto. What is Cryptocurrency? Cryptocurrency is a digital currency in which transactions are verified and maintained...
