BVT Accounting Solutions | Finance

BVT Accounting Solutions

Phone: +61 458 701 034

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20.01.2022 CryptoTax - Do you trade, invest or buy for personal use Bitcoins and other cryptocurrencies and not sure about the tax implications? Crypto investors and traders has increased and most are still speculating on how the Australian Taxation Office will be able to trace the transactions online given that the trading of digital currencies have no regulated frameworks.... If you are an Australian Resident for tax purposes, all your income in and outside Australia is taxable. There is no tax implications when you buy crptocurrencies but only when you sell it and you made a gain or profit. Depending on the intention of the use of these digital currencies upon acquisition, whether it is for investment, trading or personal use will be the basis on how these gains or profit will be treated as ordinary income or capital gain. And how it will be taxed will depend on the type of the taxpayer whether he is an Individual, Partnership,Company, Trust or Smsf. If you have been trading or investing in cryptocurrencies and need more guidelines about its tax implications, you can call us at 0458 701 034 or book for an appointment. BVT Accounting Solutions Suite E 191-193 GWH Wentworth Falls , Blue Mountains Unit 21 9-11 Abel Street, Penrith

20.01.2022 It is a question to many Crypto traders and investors on how the Tax office would be able to know their Crypto trading transactions online in an anonymous digital world,...

18.01.2022 Accounting and Tax Preparation for your Business. Registered Tax Agent and a qualified accountant with office located at the beautiful suburb of Wentworth Falls, Blue Mountains We offer a wide range of Income Tax Services to Individuals and all types of business entities.... Please visit our office at: Suite E 191-193 Great Western Highway, Wentworth Falls Blue Mountains

11.01.2022 BVT Accounting Solutions - Penrith Unit 21 9-11 Abel Street Jamisontown Area) PENRITH 2750... Tel.0458701034 Email. [email protected] https://www.penrithaustralia.com.au//bvt-accounting-solu/