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Cryptocurrency – Thinking Outside the Blockchain
June 18th, 2021Blockchain technology is by no means a new concept, but its recent explosion in the mainstream consciousness (particularly around DeFi, NFTs and the price of Bitcoin) makes it worthy of further consideration – especially from a cryptocurrency tax and compliance point of view. The scope of blockchain-based activity is incredibly complex – it’s not asread more
Refinancing your Home Loan in the Current Economy
June 14th, 2021It goes without saying (though we’ll say it anyway) – savvy homeowners understand the benefits of refinancing their home loan. Unlock equity in your loan to fund a major purchase, reduce your repayments, or reduce your total loan amount to get your mortgage paid off sooner. No matter your reasons for looking into refinancing, theread more
Working from Home Deductions at Tax Time – The ATO’s Crackdown Hotspot
May 27th, 2021The new financial year is here, and the more organised among us are already planning the deductions we’re looking to claim for our 2020-21 tax return. Given that global circumstances changed the way many people worked throughout this financial year, there will be a noticeable shift in the types of deductions people claim – especiallyread more
WA Property Market Update April 2021
May 18th, 2021Another month is already upon us! 2021 is absolutely flying by, and the WA Property Market seems to be going from strength to strength off the back of a positive month of April. Consumer confidence continues to rise, interest rates remain low, and rental properties are still in such short supply that home transactions areread more
The ATO’s Shift to Electronic Correspondence – What You Need to Know
May 5th, 2021The Australian Taxation Office (ATO) is working to move the majority of their communications with business owners from paper-based and traditional mail to electronic correspondence. While the changes are welcome from an environmental and efficiency point of view, it does require some preparation and an increased level of attention on things such as MyGov andread more
Casual Employee Conversion – The Details
April 29th, 2021Casual employment serves many purposes within a workplace. For employees, it’s a good chance to work for a higher hourly rate (casual loading) and potentially work for a variety of employers concurrently. For employers, upshots include the fact that there is no requirement to accrue leave entitlements for casual employees, and that such employees canread more
WA Property Market Update – March 2021
April 22nd, 2021By just about every conceivable metric, Australia’s economy appears to be getting back on track. This has been further reinforced by the International Monetary Fund’s (IMF) recent upgrade to their assessment of the country’s post-COVID recovery. WA continues to perform well, unemployment is falling, interest rates remain low, the resources sector keeps plugging away, andread more
WA Small Business: The Lasting Impact of COVID-19
April 21st, 2021“Success means only doing what you do well, letting somebody else do the rest” -Goldstein S Truism. In Western Australia alone there are over 225,000 registered small businesses, with 78% of those businesses based in the Perth metro area. Despite the upturn in fortunes for the Australian economy (and WA’s in particular), the current globalread more
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