Do I Need to Report My Hong Kong “Unlimited Company” Income to the ATO? If you are an Australian tax resident running an “unlimited company” (無限公司) in Hong Kong, you might assume that because the business is in Hong Kong,…
PAYG instalments are part of Australia’s Pay As You Go system. They help taxpayers manage their tax all year, not just at the end. This way, you pay a bit of tax each month, matching your income. It’s important to…
Are you struggling with international taxation in Australia? Double Tax Agreements (DTAs) are key to avoiding tax troubles for those doing business across borders. This guide explores how Australian tax treaties work. They help prevent double taxation and improve economic…
Welcome to your ultimate guide on property investment with a Self-Managed Super Fund (SMSF). If you’re looking to grow your retirement savings while venturing into the world of real estate, this guide is for you. In this first section, we’ll…
Are you aware of the 6 year rule and how it can impact your capital gains tax? If you own an investment property that was once your main residence, this rule can offer you significant financial benefits. Let’s dive into…
Why you might consider setting up a self-managed super fund (SMSF) A self-managed super fund (SMSF) is a private super fund that you manage yourself. SMSFs are different from industry and retail super funds, as you have complete control over…
What is Sophisticated Investor? Sophisticated Investor Generally people buying securities and other financial products must, under the Corporations Act 2001, be given a regulated disclosure document such as a prospectus or product disclosure statement. However, the Act has some exemptions from…
Do you have any cryptocurrencies? What should be reported when you sell? What about I am a day trader? Should I look at Cryptocurrency Taxes Implications? Does the ATO know? Before we look at any tax implications, your first question…