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.
As the risk of natural disasters increases at this time of year, check your Australian business number (ABN) details are current and refresh if needed. Emergency services and government agencies can use ABN details to provide help to you in times of emergency.
Closing or selling a business can be complicated for both owners and employees. Understand how to manage your employees and your obligations if you close or sell your business.
If you work as a cleaner, find out what you can claim as deductions for expenses incurred as a cleaning employee.
If you’re an educator, learn what you can claim as deductions for expenses incurred as a teaching employee.
Two-thirds of Aussie businesses have suffered a decrease in business revenue compared to last year, with more than three in every 10 estimating that drop to have exceeded 50 per cent, according to the ABS Business Impacts of COVID-19 Survey results for June 2020.
Small Business Superannuation Clearing House users – want to claim a deduction for superannuation contributions? Your super payments must be accepted by 23 June 2020.
Small to medium-sized businesses are reminded that there are just weeks left to make the most of the government’s increased instant asset write-off offer.
