by epoch | Dec 13, 2021 | eNews
Every year, I am asked about the tax impact of various Christmas or holiday-related gestures. Here are the top issues: Staff gifts The key to Christmas presents for your team is to keep the gift spontaneous, ad hoc, and from a tax perspective, below $300 per person....
by epoch | Dec 13, 2021 | eNews
A lighter look at the complexity of Australian taxation laws and the year that has been. Dear Mr Claus, Thank you for the opportunity to provide strategic business, tax and compliance advice for your operation. I’m pleased you have initiated this advice as the...
by epoch | Nov 12, 2021 | eNews
The Australian Taxation Office (ATO) has recently issued an alert on gifts or loans from overseas. The ATO is particularly concerned about schemes and arrangements explicitly designed to circumvent Australian tax laws. In general, Australian-resident taxpayers need to...
by epoch | Nov 12, 2021 | eNews
The Australian Taxation Office recently updated its guidance on tax and cryptocurrency. In early November, the Commonwealth Bank announced become Australia’s first bank to offer customers the ability to buy, sell and hold crypto assets directly through the...
by epoch | Nov 12, 2021 | eNews
Directors are now required to register for a unique identification number that they will keep for life. What is a director ID? A director ID is a 15-digit identification number that, once issued, will remain with that director for life regardless of whether they stop...
