Blog
ATO contacts ‘at risk’ professional services firms
New guidelines for professional services firms - lawyers, architects, medical practitioners etc., came into effect on 1 July 2022.
Australian super funds gorge on cryptocurrency
The value of cryptocurrency assets inside Australian self managed superannuation funds (SMSFs) increased by 589.9% ($1.17bn) between June 2019 and June 2022, according to the latest ATO statistics.
States move on property based taxes
The Queensland Government has backed away from an amendment that would have seen the land tax rate for investment property in Queensland assessed on the value of the investor’s Australia wide land holdings from 1 July 2023, not just the value of their Queensland property.