In an attempt to reign in undeclared income, proposed new laws target sharing economy platforms and require providers to report all transactions.
New laws target sharing economy platforms
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Accounting
6 Member SMSFs – the issues and opportunities
From 1 July 2021, the maximum number of members a SMSF can have increased from four to six. For 6 member SMSFs – the issues and opportunities, read on!
Cars and tax: the 1 July 2021 update
Cars and tax, tax and cars. Did you know from 1 July 2021 there are numerous car threshold amounts that apply? No? Well please read on!
Am I taxed on an insurance payment?
Most people would assume that the insurance payout covers the damage and is not income assessed for tax purposes. So am I taxed on an insurance payment?
What changes on 1 July 2021?
For superannuation updates and changes to STP reporting, we have you covered for the new financial year ahead. So what changes on 1 July 2021? Read on!