Author Archives for wybenga_admin

$2.4m lost to tax scams, ACCC reports

June 5, 2018 12:00 am Published by Comments Off on $2.4m lost to tax scams, ACCC reports

Almost $2.4 million worth of scams was reported to the Tax Office in 2017, according to new statistics from the Australian Competition and Consumer Commission.


No GST on digital currency

June 1, 2018 12:00 am Published by Comments Off on No GST on digital currency

The GST Act is being amended to ensure that digital currency, such as Bitcoin, is disregarded for GST purposes unless the supply is made in exchange for a payment of money or digital currency.


Your Budget

May 28, 2018 12:00 am Published by Comments Off on Your Budget

          How the 2018 budget applies to you can be found via the following links.  ... View Article


Resources to help understand and implement Single Touch Payroll (STR)

May 26, 2018 12:00 am Published by Comments Off on Resources to help understand and implement Single Touch Payroll (STR)

STR is a significant change for business tax compliance, though for now those businesses that need to make this charge have 20 or more employees.  Changes take effect on 1-7-2018, 12 months later for businesses with less than 20 employees.


New rules capture SMSFs trading big with cryptocurrency

May 23, 2018 12:00 am Published by Comments Off on New rules capture SMSFs trading big with cryptocurrency

Sizeable cryptocurrency transactions will “come to the attention of the ATO” under new rules that came into effect this week, so a mid-tier firm has put together a checklist of key considerations to keep SMSF investors compliant.