SMSF reporting changes from 1 July 2023 If you have an SMSF with a total balance of less than $1 million, from 1 July 2023 you will need to report quarterly to the ATO instead of annually. Previously, SMSFs with a balance under $1m reported annually at the same time...
Financial Invesment
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...
Business Boost Grants Program
QLD Government’s Business Boost Grants Program provides a $15,000 grant for businesses investing in growth.
Spend v Save
Spend v Invest: Tips on how to make the most of your tax refund. With an estimated 85% of Australian Tax Payers expected to receive a return this year, we've compiled a list of handy (ok, we mean, sensible!) ideas on how to use your return wisely. It's not rocket...
Year of the Tiger: Roaring or Bellowing?
The 2022 Luna New Year is one of courage and bravery. It is a year to drive out evil and one of momentum and change. Welcome to the year of the Tiger!