A superannuation contribution cap is the amount you can contribute to your super every year before being liable for extra tax. To complicate things, the cap amount and any tax owed depends on if your contributions were non-concessional (paid after tax) or concessional (paid before tax)
With the beginning of a new financial year, it is time to set up your tax planning right for the coming year. It is easy to ignore your tax planning during the year, life can get in the way. But if you keep on top of it, it will not be so stressful as the end of the next financial year approaches.
The Australian Tax Office (ATO) wants Australians to know they cannot hide their cryptocurrency (crypto) investments. There is nowhere to hide. The ATO has partnerships with Australian crypto exchanges that allows them to track crypto movements.
Apply now for the Small Medium Enterprise (SME) Recovery Loan Scheme with a participating lender. It is only open to applications until December 31, 2021, so get your application in now if your business meets the eligibility criteria.
