Latest Financial News
Important Information About Trading Cryptocurrency
If you buy and sell cryptocurrency on a regular basis with the goal of making a profit, then the profit on disposal of the cryptocurrency will not be subject to CGT. Instead, it will be assessable income as you will be regarded as a ‘trader’ rather...
Working From Home It’s Not All That Bad
Week three and I'm slowly getting into a routine while working from home, however I have been able to adjust my timetable at the gym, I'm gaining extra hours sleep 3 days a week. I have had the opportunity to drive my son to school (well he drives...
Vault Adopting The Work From Home Model
Understanding that the landscape is changing the Team at Vault have taken the step in adopting the work from home model with Team members now having the choice between the primary shared office in the city and their own workspace from home. Being...
“Dine & Discover” Vouchers Extended By NSW Government
NSW Premier Dominic Perrottet has announced that NSW residents will be able to access an extra $50 to spend at cafes and restaurants as the successful “Dine & Discover” vouchers scheme has been extended. The announcement has coincided with the...
Electronic Invoicing Could Save SME’S Over $40,000 A Year According To Research
A recent study from Deloitte has illustrated that Australian SME’s could potentially save over $40,000 a year if they choose to transition into electronic invoicing. The recently published report revealed that Australian small to medium sized...
NSW Government Announces New $100M Recovery Package
The NSW Government has revealed that it will distribute another $100 million as part of the state’s economy recovery with the goal to bolster skills and “future-proof” the workforce. NSW Premier Dominic Perrottet highlighted that the...
Tax Return Deadline: Australians Who Fail to Submit Their Tax Return Risk A $1,110 Fine
The tax return deadline for this year fell on Monday 1st November 2021, this is because the 31st October 2021 which is traditional deadline date to submit your tax return fell on a Sunday. Australian workers who fail to submit their tax return or...
Single Touch Payroll Phase 2 Deferral Announced By ATO
The Australian Tax Office (ATO) has announced that Australian employers will be given an extra two months to transition into the second phase of Single Touch Payroll (STP). The blanket deferral was made by the ATO as a consequence of recent...
SuperStream System Is Now Mandatory For SMSFs
As of Friday 1st October 2021, SMSF’s are now required to use the automated SuperStream System to process inward and outward cash rollovers. SuperStream System is a data and payment standard used for digital transactions within the super industry....
Advice For Businesses That Need Help with Managing Rapid Growth
Advice For Businesses, running a successful business can be difficult, sometimes a business that for years has struggled to makes ends meet can finally experience a massive change in fortune and become hugely profitable. You might all of a sudden...
Income Protection Why Is It Important And Why You Need It
Purchasing income protection can be best described as buying yourself some extra sick leave. Whenever the unfortunate scenario arises where you become sick or injured and consequently find yourself unable to work, income protection will pay you a...
Gold Coast Businesses Are Getting Prepared For The Queensland Border To Reopen
Gold Coast businesses are getting ready for a huge influx of interstate tourists who are set to visit the region when the borders reopen in a few weeks’ time. On Friday 19th November 2021, fully vaccinated people from interstate hotspots will be...
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