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Treasury released exposure draft legislation that ensures digital currencies such as Bitcoin are not treated as a foreign currency for income tax purposes. The proposed change is driven by the uncertainty that has arisen following the decision by El Salvador to adopt...
Spend $100 and get a $120 tax deduction when SMEs invest in skills for their team or technology. This was the proposal outlined in the 2022-23 Federal Budget that has now been adopted by the current Government and released as an exposure draft for consultation....
Secure your .au Domain name now! The auDA introduced a new system allowing any Australian business to register their business under a new domain category (.au). This is instead of the previously required options of .com.au or .com etc. For example,...
QLD Government’s Business Boost Grants Program provides a $15,000 grant for businesses investing in growth.
Treasury Laws Amendment (Electric Car Discount) Bill 2022 provides for an FBT exemption for cars that are classified as zero or low emission vehicles and are provided by employer to an employee as a car fringe benefit. Some key points include: - Exemption is limited...