Important Information About Trading Cryptocurrency

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 than an ‘investor’....
Single Touch Payroll Phase 2 Deferral Announced By ATO

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 lockdowns and the impact of...