The ATO has recently issued an alert on gifts or loans from overseas. Do you or someone you know receive overseas gifts and loans? Read on!
Overseas gifts and loans in the spotlight
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Taxes
Tax and the Normalisation of Cryptocurrency
The Australian Taxation Office recently updated its guidance on tax and cryptocurrency. For tax and the normalisation of Cryptocurrency, read on!
Are COVID-19 grants and funding tax free?
A question we are often asked as accountants is, are COVID-19 grants and funding tax free? Most would assume so, please read on to find out!
Cars and tax: the 1 July 2021 update
Cars and tax, tax and cars. Did you know from 1 July 2021 there are numerous car threshold amounts that apply? No? Well please read on!
Am I taxed on an insurance payment?
Most people would assume that the insurance payout covers the damage and is not income assessed for tax purposes. So am I taxed on an insurance payment?