In This Edition:
Bitcoin and cryptocurrencies have had a bit of a resurgence, which may even have something to do with the pandemic. But the implications for your tax outcomes is something even the ATO is wary about.
We also look at "personal services income" and the ATO's refreshed guidance, the qualifications that are expected for SMSF trustees, and how to best go about briefing your barrister if you or your business need to face court.
Please contact us for clarification, or further advice, regarding any of the topics covered in this newsletter.
Click here to view our June 2021 Newsletter
COVID-19 Small Business Fees and Charges Rebate
If you are a sole-trader, the owner of a small business or a not-for-profit organisation in NSW, you may be eligible for the $1,500 rebate.
For further information, eligibility and how to apply, please click here.
Increase of the Superannuation Guarantee contribution
The minimum Superannuation Guarantee contributions rate will increase from 9.5% to 10% on 1 July 2021.
Please click here to read further on this matter.
Should you require more information regarding any topic covered in our newsletter, please contact GJB on 02 9686 3130.
Disclaimer: All information provided in this newsletter is of a general nature only and is not personal financial or investment advice. Also, changes in legislation may occur frequently. We recommend that our formal advice be obtained before acting on the basis of this information.