Category: Tax Compliance & Accounting
Latest Tax Compliance & Accounting news
Proposed Digital Games Tax Offset: Here’s what you need to know
Australia’s digital games sector will get a boost thanks to new incentives proposed by the federal government. Here are the details.
6 misconceptions about Australian taxation of cryptocurrency
From whether cryptocurrency is a currency for tax purposes to if cryptocurrency as a hobby is taxable, Florence Ioannou sets the record straight.
COVID-19 tests to be tax deductible – here’s how to claim them
TFN: What is a Tax File Number and why do I need one?
Here’s what you need to know about Tax File Numbers, and how they impact both businesses and the people they employ.
Key takeaways of the Mid-Year Economic and Fiscal Outlook 2021-22
The federal government has shared the Mid-Year Economic and Fiscal Outlook, and we’ve rounded up the major highlights of the report.
ABN: what is an Australian Business Number and when do I need one?
Here’s what you need to know about getting an ABN and why it should be a priority for business operators and sole traders.
Updated guidelines on allocation of professional firm profits PCG 2021/D2
The Australian Taxation Office has released new guidance for the allocation of professional firm profits. Here’s what you need to know.
Salary sacrifice arrangements for medical professionals
Medical professionals have the chance to make significant savings by implementing salary sacrifice arrangements. Here’s how it works.