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ATO has identified that many Aussies are buying, selling, or exchanging digital coins; with this knowledge, ATO is expecting to see more capital gains or capital losses reported in tax returns this year. It is one of the areas where they will focus on this 2022FY.Now, if you wonder - can the ATO tr ...

The Australian Taxation Office (ATO) has revealed four key areas that they will target this time as the 2022 tax season approaches.Record-keepingWork-related expensesRental property income and deductionsCapital gains from crypto assets, property, and sharesThese ATO priority areas will ensure that t ...

Changes in Payroll 1. Superannuation contribution cap of $450.00 will be removed.The minimum wages for Superannuation contribution are said to be removed and the employer must pay Superannuation for all the employees over the age of 18 if they work more than 30 hours per week.2. Sup ...