Tax Implications of Cryptocurrency

With cryptocurrencies gaining notoriety, many people are unclear on how or when they can be taxed. Despite widespread belief to the contrary, you can be taxed on gains made as a result of obtaining or using cryptocurrency. If you’ve made a profit from trading cryptocurrency, for example, you need to declare it at tax time. Here is some important information on cryptocurrencies and their implications for your taxes. How cryptocurrency…  Read more

Tax on Cryptocurrency

If you are one of the hundreds of thousands of Australians trading in digital currency it is critical that you are aware of the tax implications. The ATO have made it very clear that cryptocurrency will be under the microscope this tax season so it is important to understand your obligations. What is cryptocurrency? Cryptocurrency is defined as a digital currency in which transactions are verified and records maintained by…  Read more

Managing Field Workers in Your Construction Business

It’s one thing to manage workers when they’re all in the same place at the same time. However, when you run a construction business with field workers, things can get a lot more challenging. Not only are you typically not on the same job site as them, you might also have workers scattered over a variety of sites and projects. Managing them doesn’t just mean scheduling them and making sure…  Read more

Client Focus: View Bank Homes

View Bank Homes is a family owned and operated business delivering architecturally designed homes in the communities of Melbourne’s North. Having started as a humble small business View Bank Homes has grown over thirty years to become one of Australia’s most trusted boutique residential property developers. View Bank focuses on building homes in close proximity to amenities, public transport and schools in both well-established and up-and-coming suburbs. They aim to…  Read more

3 Tips to Make the Most of the End of Financial Year

Preparing your End of Financial Year (EOFY) information often feels stressful—there are receipts to sort out and reports to review, and you need to make sure you have all the necessary information about your income and expenses. It can be overwhelming and it can make the EOFY feel daunting. The end of the financial year isn’t just a time to collect receipts and find invoices, however. It’s also a time…  Read more

Your End of Financial Year Checklist

The end of the tax year is right around the corner and though you may be dreading 30 June, there are things you can do to feel better prepared and make the most of your tax deductions. As this year has been different for many people in terms of their employment situation, there are changes to tax reporting that may affect you. Here are some things to know about your…  Read more

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