Super contributions: did you miss the due date? Find out what you need to do now: Super contributions: did you miss the due date? | Australian Taxation Office (ato.gov.au)
Business
Deadline for Director ID – 30 November 2022
The deadline for existing directors of Australian companies to obtain a Director Identification Number is 30 November 2022. All directors of a company, registered Australian body, registered foreign company or Aboriginal and Torres Strait Islander corporation (ATSI)...
Cryptocurrency won’t be treated as a foreign currency.
Treasury released exposure draft legislation that ensures digital currencies such as Bitcoin are not treated as a foreign currency for income tax purposes. The proposed change is driven by the uncertainty that has arisen following the decision by El Salvador to adopt...
120% deduction for skills training and technology costs.
Spend $100 and get a $120 tax deduction when SMEs invest in skills for their team or technology. This was the proposal outlined in the 2022-23 Federal Budget that has now been adopted by the current Government and released as an exposure draft for consultation....
Secure your .au Domain
Secure your .au Domain name now! The auDA introduced a new system allowing any Australian business to register their business under a new domain category (.au). This is instead of the previously required options of .com.au or .com etc. For example,...