What Is The ATO Doing To Tax Cryptocurrency?

What Is The ATO Doing To Tax Cryptocurrency?

The (ATO) Australian Tax Office has estimated that somewhere between 50,000 and one million Australians have currently invested in crypto related assets. Many of these individuals have failed, or will fail, to properly report the profits they have made for tax...
SuperStream System Is Now Mandatory For SMSFs

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. Its main purpose is...