Cryptocurrency and Taxes – We can help!
Did you know Greenhalgh Pickard can now help with your Cryptocurrency Tax obligations? Crypto trades and transactions require meticulous record keeping and we at Greenhalgh Pickard have developed a spreadsheet to assist with this.
Contact Greenhalgh Pickard today to discuss how we can help
Cryptocurrency and Tax Time
In case you missed it in our most recent newsletter, here’s some other information you might find useful as we get closer to Tax Time.
Remember, if you amend prior returns to include the Crypto CGT you can reduce/avoid potential ATO fees and auditing when you get flagged in the system.
The ATO has become aware that some taxpayers think that the anonymity of cryptocurrencies provides a licence to ignore their tax obligations, and are therefore not reporting their cryptocurrency capital gains or losses.
However the ATO is able to closely track where it interacts with the real world through data from banks, financial institutions and online cryptocurrency exchanges to follow the money back to the taxpayer.
Greenhalgh Pickard are here to help
To discuss any queries you have regarding your Cryptocurrency, contact us today on (07) 5444 1022 or email info@gpla.com.au.
Who Is Liable for Property Damage Caused by Employees?
In Australia, the responsibility for workplace damage depends on the individual situation. Employers are usually held responsible for damage caused by their employees during the course of their employment. However, in some situations, employees may...
De Facto Property Settlements
If you and your partner are not legally married, not related by family, and live together on a genuine domestic basis – chances are you are in a de facto relationship. [1] It is common for de facto couples to acquire property together throughout the...
Offers to Settle and Seeking Recovery of Costs
When can an offer to settle be made? When disputes arise, an offer to settle may be made at any time throughout the course of the matter.Why present an offer to settle? If early settlement is possible in the circumstances, then resolving a matter by...
Do I need an Enduring Power of Attorney (EPA)?
Firstly, what is an enduring power of attorney? Unlike a Will, which protects your interests after you pass away an enduring power of attorney operates when you are alive, but you have lost capacity.What is capacity? Capacity is the understanding...
The Importance of Trademarking your Business
Trademarking your new business is essential. It is best to do this as soon as you have your business name and logo. Start-up companies are often in a crowded marketplace and it is essential to meticulously safeguard your core assets of your business. This strategic...
The Commonwealth Climate Disclosure Policy coming July 1
Climate Change is prevalent With 2023 being the hottest year on record as a direct result of climate change, it is now more important than ever the government intervene to ensure corporate activities align with the Australia’s commitments to the...
Contact Your Nearest Office
If you are interested in meeting with an accountant or lawyer regarding your business or commercial interests, please fill out the form to book an appointment or call (07) 5444 1022