We have all heard the saying in business ‘cashflow is king’ but what does that really mean and why should you care? Cashflow concerns is something that all businesses experience at some point regardless of size, industry or years of trading. Before we look at how to solve cashflow concerns its key to understand why […]
The ATO has released updated information on claiming cryptocurrency losses and gains in your tax return. The first point to understand is that gains and losses from crypto are only reported in your tax return when you dispose of it – you sell it, convert it to fiat currency, exchange it for another type of […]