8 November 2021 From 1 November 2021, if you employ new staff and they don’t choose a super fund, you may need to request their existing super account (‘stapled super fund’) details from ATO. A stapled super fund is an...
The Australian Government has announced the introduction of a new mandatory Director Identification Number (DIN/director ID) as part of the Modernising Business Registry (MBR) Program. The roll-out will start from November 2021. The DIN will provide accountability and traceability...
The ATO is concerned that many taxpayers believe their cryptocurrency gains are tax-free, or only taxable when the holdings are cashed back into Australian dollars. ATO data analysis shows a dramatic increase in trading since the beginning of...