Nov 15, 2023
Sharing Economy Reporting regime
The Sharing Economy Report Regime (SERR) has now commenced, for the 2023-24 income year. Only transactions for supplying taxi travel/ride sourcing and short-term accommodation need to be reported
Sep 4, 2023
Does GST apply to crypto-assets?
As digital currency becomes more common-place in a business context both in terms of trading and using such assets for payment in Australia, one question that commonly arises for those businesses
Jul 12, 2023
Budget 2023: What’s in it for me?
https://www.youtube.com/watch?v=3Aa2fK8xc3U&t=5s
On Tuesday, 9 May 2023, Treasurer Jim Chalmers handed down the 2023–2024 Federal Budget, his second Budget, which follows the October 2022
Apr 16, 2023
Cheaper childcare on the horizon
Families struggling with the current cost of living crisis could soon have some relief with cheaper childcare coming mid-year after the government passed child care subsidy reforms. This was a
Mar 13, 2023
Work from home expenses: new rate
With the expiration of the previous fixed rate method and the shortcut method for calculating the deduction for working from home (WFH) expenses, the ATO has released a draft guideline on the new
Feb 6, 2023
Beware of super schemes
The ATO is currently running a campaign cracking down on super schemes increasingly used by promoters to inappropriately channel money through SMSFs or provide an unfair tax advantage.
Some of the
Feb 6, 2023
New year, new ATO scams
Money never sleeps, as the old quote goes, but it could apply equally well to scammers. As most people have let their guard down and are still recovering from their holiday excesses, scammers are
Jan 9, 2023
Looming changes for the BNPL market
The government has given the strongest indication yet that it will be seeking to regulate the Buy Now Pay Later (BNPL) market soon with the release of a consultation paper on the appropriate
