by Peter McCarthy | Aug 24, 2021 | Accounting
Cryptocurrency is gaining popularity, and many people are unclear how or when they will be taxed. Despite widespread belief to the contrary, you are taxed on gains made due to obtaining or using cryptocurrency. If you’ve made a profit from trading in...
by Peter McCarthy | Jul 10, 2021 | Accounting
At Precision, celebrating our backgrounds, where we come from and what we believe are the foundations of our Award Winning, Diversity and Inclusion Program – We Are Precision. So this Naidoc Week it’s important we celebrate The Awabakal People, the...
by Peter McCarthy | Mar 13, 2021 | Accounting
On 29 November 2020, the Australian Government announced an extension to the HomeBuilder program to 31 March 2021, with a number of changes to the grant amount and eligibility criteria. Key Dates 4 June 2020 – 31 December 2020 – enter into a contract between these...
by Peter McCarthy | Dec 23, 2020 | Accounting
Congratulations everyone, we made it this far. Christmas and 2021 are just around the corner. Winston Churchill said “If you’re going through hell, keep going”, so by 2020 standards, even just making it this far is an achievement. Being born and...
by Peter McCarthy | Aug 19, 2020 | Accounting
It was only a matter of time before JobKeeper payments received data matching scrutiny between the ATO and Social Services. Notice was posted recently in the Commonwealth Gazette (C2020G00570) of a data matching program that is to be launched between the ATO and...
by Peter McCarthy | Jul 22, 2020 | Accounting
The boost to the instant asset write off rules, put in place to help stimulate the Australian economy during the COVID-19 crisis has been extended to the end of this year. Businesses with a turnover of up to $500 million a year will be allowed to continue writing off...
