by C&N Accountants | Sep 17, 2024 | ATO, Cyber Security
Picture this: You log into your myGov account and find that your activity statements for the past year have been altered, with $100k in GST credits issued. But you didn’t do this and certainly didn’t receive $100k in your bank account. The urgency of the situation...
by C&N Accountants | Oct 6, 2022 | ATO, Cryptocurrency, Tax & Accounting
More than 1 million Australians own cryptocurrency (Crypto), and the Australian Taxation Office has them in its sights and knows about your cryptocurrency assets. 5% of Australian adults own at least one crypto while more than one in 10 Australians under 35 hold...
by C&N Accountants | Sep 14, 2022 | Business, SMSF
Many Australians are increasingly incorporating cryptocurrency (crypto) investment into their Self-Managed Super Fund. (SMSF’s), but there are complexities to look out for. According to the ATO, SMSF’s held AUD227 million in crypto assets at 31 December 2021, with...
