Crypto-asset Recordkeeping for Taxation Purposes
Following on from Crypto Currency – what you need to know, here’s the crypto-asset record keeping that the Australian Taxation Office (ATO) will expect from you. Regardless of whether or not you have made a capital gain or loss, you will need to keep records of...
Crypto Currency – what you need to know
Whilst a relatively new area in finance, particularly for retail investors and large financial institutions, crypto currency is currently front and centre for the Australian Taxation Office (ATO). What is Crypto? Crypto is shorthand or an abbreviation of...
Family Trust Distributions Under the ATO Microscope
Family Trust Distributions Under the ATO Microscope Changes affecting family trust distributions that have associated ‘reimbursement agreements’ are at our doorstep; both by the 1st July 2022 and retrospectively. The ATO has changed the rules in relation to the taxing...