Crypto
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What is Jobkeepers payment and who is eligible for it?
The JobKeeper Payment, which was originally due to run until 27 September 2020, will now continue to be available to eligible businesses (including the self-employed)
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ATO cracks down on crypto assets this tax time
Clients need to understand their CGT obligations for buying, selling, and even donating crypto assets Crypto and other investments Market volatility has seen the prices of many cryptocurrencies and shares pull back from the record highs of 2021-22. That said, many investors have locked in substantial capital gains by disposing of assets during the financial…
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Superannuation – New super guarantee payment rules to come into effect
The ATO has reminded employers that from 1 July 2022 they will need to pay super for employees, regardless of how much they pay them. This is because the $450-per-month
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Overview and FAQs
In a highly speculative market and the emergence of Cryptocurrency in the mainstream media in 2017, the potential investment opportunities for everyday Australians has become a new phenomenon. With the significant increases in the value of Cryptocurrencies like Bitcoin and Ethereum, many Australians have moved away from the typical investing in shares and property and…
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Are NFTs Taxable in Australia?
Since 2019, the Australian government has taken the necessary steps to gain visibility in the cryptocurrency space, monitor it, and even control it. For instance, the government started collecting data in May 2019 from Designated Service Providers (DSPs) to ensure that people trading in cryptocurrencies are paying taxes properly. The same attention is being shown to NFTs as…
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What is DeFi?
DeFi or Decentralized Finance is a blockchain niche where all financial services are provided in a decentralized manner and executed in an open, trustless, and permissionless manner. The latter three traits are the core of DeFi. Let us give you a small example of a DeFi operation to help you understand this better. Sushiswap is…