Tax Deductions on Training Courses for Employees

Employees in Australia may be able to deduct the cost of some training courses from their taxable income. This includes courses that are related to the employee’s current work or a future career change.  In order to qualify for the deduction, the employee must have paid for the course themselves, and it must be related […]

Why Is It Important To Keep Cryptocurrency Records & Reports For Your Annual Tax Return

Wallet Addresses Every time you send cryptocurrency to another wallet, the transaction is recorded. For every single transaction, there is an entry with your wallet address and the wallet addresses of the individual or business you sent funds to. All these transactions are also captured with the date and time stamps. Asides from this, all[…..]

What Is All About “1080 Tax Offset 2021”?

Millions of Australian workers are set to enjoy a tax offset for a longer period, thanks to the federal government. This is a plan that targets the low and middle-income earners in Australia. There are plans to extend the tax offset, which means that the workers will keep most of their income. The tax offset[.....]