Articles
Director Identification Numbers are now required
Directors are required to apply for a director identification number (director ID). The purpose of this director ID is to help regulators trace directors’ relationships with companies over time and reduce unlawful activity. Directors will keep their director ID even if they stop being a director of a company. Director IDs are issued by the […]
Cryptocurrency and Tax
Cryptocurrency is becoming more and more mainstream, with now approximately 1 in 5 Australian adults owning cryptocurrency. It is important to realise that acquiring Cryptocurrency has tax implications. The Australian Taxation Office treats the purchase and sale of Cryptocurrency similarly to other investments. If you are generating income from the investments, you will be taxed […]
Support Available for July Lockdowns
In response to the recent outbreaks of Covid-19 in Australia, the relevant State Governments and the Commonwealth Government have made announcements in relation to the availability of support programs. We have primarily covered the programs available for Victorian businesses and Victorian individuals but have touched on the New South Wales support also. If you need […]
