Tax

Sending funds to family in Australia? Beware of Section 99B

30% of Australians were born overseas. It's common for family funds to be moved to/from Australia to other family members/accounts.…

3 years ago

Inheritance and Estate Tax in Australia

What Is Estate Tax? Summary of Estate Tax (Source: https://napkinfinance.com/napkin/estate-tax/) Estate tax is the tax on estates where the value…

3 years ago

How the ATO will Treat Cryptocurrency in 2022 – a Breakdown

An Overview on the History of ATO and Cryptocurrency The birth of Bitcoin in 2009 as the first cryptocurrency went…

3 years ago

Investor or trading business? How the ATO will view you in 2022

2019-2021 was a period where an unprecedented number of Australians entered the share market. All shareholders, retail or institutional, have…

3 years ago

Selling Your Home in Australia: CGT and GST – How does it apply in 2022?

What is Capital Gains Tax? The fees paid to the government based on the profit from the selling of certain…

3 years ago

Tax Loss Harvesting in Australia – 2022 Guide

What is Tax-Loss Harvesting? In simple terms, tax-loss harvesting involves the selling of securities when the investments sustain a capital…

3 years ago