Capitaleyes Latest Accounting News

As a part of the Federal Government’s strategy to combat the tax compliance risks posed by the sharing economy, it has passed into law new requirements for operators of electronic distribution platforms to provide information to the Australian Taxation Office on transactions made through their platforms.
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The proposed tax on earnings calculation for balances exceeding $3 million will see some members paying tax on unrealised earnings, says the SMSF Association.
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You may need to report money and assets taken from your company or trust as income in your tax return.
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How to calculate capital gains tax (CGT) on your assets, assets that are affected, and the CGT discount.
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Check out the people that changed the world
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As part of the government’s intention to “strengthen” the ABN system, Treasury has released draft legislation to imposing new compliance obligations for ABN holders to retain their ABN.
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The Federal Government has released a consultation paper seeking views on options to regulate the “buy now, pay later” (BNPL) market.
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Don’t clean out the garage. Forget that lapsed gym membership. Here are 5 new year’s resolutions to keep if you want to stay on top of your tax and super in 2023.
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After the Christmas and new year break, it is quite possible that some employers may have missed the due date for the December 2022 quarter superannuation guarantee contributions (SCG) payment of 29th January 2023.
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If you rent out property, you need to:
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After a slow start in May, figures show how the office went up through the gears with director penalty notices.
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The ATO fails to resolve the key question of what constitutes “ordinary family and commercial dealing”, tax professionals say.
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