Author Archives for wybenga_admin

ATO drills in car-sharing focus this tax time

September 18, 2018 12:00 am Published by Comments Off on ATO drills in car-sharing focus this tax time

The tax office has reiterated it will be paying close attention to taxpayers earning income through car-sharing platforms, in line with its focus on the share economy this tax time.


What is Bankruptcy?

September 14, 2018 12:00 am Published by Comments Off on What is Bankruptcy?

Bankruptcy is a legal process whereby a person is declared unable to pay their debts.


ATO’s corporate residency guidance cops backlash

September 3, 2018 12:00 am Published by Comments Off on ATO’s corporate residency guidance cops backlash

The tax office’s new approach to determining whether entities are resident under the central management and control test has drawn flak from industry bodies, noting technical issues with the guidance and disagreeing with the interpretation of the law.


Understanding the evolution of blockchain and cryptocurrencies

August 8, 2018 12:00 am Published by Comments Off on Understanding the evolution of blockchain and cryptocurrencies

While it’s unlikely that traditional accounting will be replaced by a blockchain method in the near future, accountants should keep a keen eye for any developments and be prepared to deal with new standards in accounting for cryptocurrencies.