The winter edition of Tax Matters is now available for you to read. Cryptocurrency is a hot topic at the moment. The ATO treats any profit made from cryptocurrency as either capital gains or income. Please read for further information.
In this edition, we discuss the following topics.
- Tax Consequences of Cryptocurrency
- Record keeping tips for your next tax return
- What to avoid doing when making a car-related tax deduction on your return
- New Reporting regime for share economy to be introduced
The newsletter can be found here.