Gold Coast Accountant

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Changes to the STP exemptions

Changes to the STP exemptions

Those affected by changes will be small businesses with closely held payees, micro-businesses that employ very small numbers of staff and those with seasonal employees. These businesses now need to declare the wages of all employees on or before the payment date, not quarterly as was previously expected, and they need to do so by July 1st 2021.

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What is Cryptocurrency?

What is Cryptocurrency?

Crypto trading, mining and staking are all terms given to cryptocurrency activity that one user can perform. Crypto trading refers to the buying, selling and ‘swapping/trading’ of currencies and the ability to use these ‘coins’ to purchase or trade for other assets, such as money. You need to be aware that all of these events are taxable.

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