To help create jobs and confidence after COVID-19 created the first recession since 1990, the Federal Government released a big-spending 2021-22 Federal Budget. We look at the impact on business owners.
If you invest in cryptocurrency you may need to include a capital gain or loss in your tax return. Find out how capital gains tax applies to cryptocurrency and the types of records that need to be maintained.
More than 60,000 businesses haven’t complied with lodgement requirements under the Taxable payments reporting system for 2019–20. The TPRS is a black economy measure that helps the ATO identify contractors who don’t report or under-report income.