Let’s start by looking at the word Cryptography. This is the use of codes, words, pictures and formulae, to communicate messages so that only those people that the message is intended for, can receive it in an understandable way. The message is “hidden”. This system of communication is what is used with computers. “Crypt” means “hidden” in Greek and “graphy” means “writing”. The original cryptography dates back to the Egyptian…
In 2022, almost 50% of Australians now own some type of Crypto currency. Most of this might be just experimental, but behind all these activities is a real use case for Crypto currency. Throughout history there have been many forms of “money”. Roman soldiers used to receive their salary in salt. The word salary, comes from the latin for salarium “money used to buy salt”. In Egypt, beer was used…
1. What are the changes to Australian domain names? Earlier this year the option of .au domain names was introduced. This means you’re now able to register and use a shorter domain name, such as yourbusiness.au rather than yourbusiness.com.au. So, for example, if Joe owns joesbusiness.com.au, he has until 20 September 2022 to register joesbusiness.au as well. After this priority period, the .au domain will become available to the general public on a ‘first come, first served’…
Yes you can, but read the rules below. You can only claim a tax deduction for gifts or donations to organisations that have a status as a deductible gift recipient (DGR). The DGR status of an organisation can be checked at ABN Look-up: Deductible gift recipients. The gift must be greater than $2. If you receive a raffle ticket, dinner attendance, event entry, chocolates, or anything like that, then your…
Cash Flow, Small Business, Taxation
With the end of the tax year approaching, now is the time to see what you can do to reduce your tax for 2022. This would mean more money in your pocket for you and your family to enjoy. To minimise your Personal tax click here. Business Tax Temporary Full Expensing Businesses with an aggregated turnover of less than $5 billion can immediately deduct the business portion of the cost…
With the end of the tax year approaching , now is the time to see what you can do to reduce your tax for 2022. This would mean more money in your pocket for you and your family to enjoy. To minimise your Business tax click here. Personal Tax Home Office Expenses during Covid-19 If you worked at home because of Covid-19 you will be able to claim a special…