by Keeli Cambourne | Jun 23, 2022 | News
The reforms are another crucial step towards dismantling organised crime with new powers and tougher penalties targeting money laundering and unexplained wealth. Premier Dominic Perrottet said the reforms were designed to strike organised crime networks at their...
by Keeli Cambourne | Jun 23, 2022 | News
Treasurer Jim Chalmers made the announcement after a decision by the government of El Salvador to allow bitcoin as legal tender that has the potential to create uncertainty about the status of crypto assets such as bitcoin for tax purposes in Australia. Mr Chalmers...
by Shared from The Adviser | Jun 23, 2022 | News
From 1 July 2022 changes to the way hardship arrangements are reported on credit reports will become more transparent, with the introduction of “financial hardship information”. Read more at The Adviser
by Shared from accountantsdaily.com.au | Jun 23, 2022 | News
It said the government faced immense economic, fiscal and social challenges in a globally volatile environment and it needed to act quickly on unfinished business from the Morrison government. “Taxpayers require certainty and urgent clarity is needed around the...
by Michael Fox, Shared from Accountants Daily | Jun 22, 2022 | Blog
Under the temporary full expensing measure there is no limit to the amount that a business, with a turnover of less than $5 billion, can tax deduct for a painting, sculpture or other artwork that meets the definition of being a depreciating asset and is displayed in a...