SCE TAX Revolutions in Cairns, Queensland, Australia | Tax preparation service

SCE TAX Revolutions

Locality: Cairns, Queensland, Australia

Phone: +61 7 3338 8962

Address: 130 Abbott Street 4870 Cairns, QLD, Australia

Website: http://www.scetaxrevolutions.com.au

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25.01.2022 Merry Xmas to you all. We hope all of you have a wonderful day like my sons.

24.01.2022 Motor vehicle expenses You can't claim a deduction for: -the private use of the vehicle... -travelling between your home and your place of business; however, if you are a a home-based business, you can generally claim the cost of trips you make between your home and other places if you made the trip for business purposes. You can claim a deduction for: -travelling between form work to work -carrying tools or equipment

19.01.2022 Home office running expenses and electronic device expenses The ATO has released an updated version of Practice Statement PS LA 2001/6, its guidance on calculating and substantiating home office running expenses and electronic device expenses. PS LA 2001/6 has been significantly rewritten and includes the following changes: 1, the basic principles ("pre-requisites for deductions") have been amended to emphasise that a taxpayer must actually incur the expense and that there mu...st be a real connection between the use of the home office or device and the taxpayer's income-producing work; 2, there is new commentary on what type of evidence needs to be kept; and 3, the cents per hour rate for home office running expenses has been increased from 45 cents to 52 cents per hour, effective from 1 July 2018. The 52 cents per hour rate took effect on 1 July 2018. Should you have any queries, please contact on [email protected]

15.01.2022 https://youtu.be/VgCZ2G7NvWw

14.01.2022 Are you working at Restaurant as a part time worker? 12. Part-time employment [12 substituted by PR598487 ppc 01Jan18;corrected by PR599064 ppc 01Jan18]...Continue reading

14.01.2022 Resident tax rates 201819 Taxable income (Tax on this income) 0 $18,200 (Nil)... $18,201 $37,000 (19c for each $1 over $18,200) $37,001 $90,000 ($3,572 plus 32.5c for each $1 over $37,000) $90,001 $180,000 ($20,797 plus 37c for each $1 over $90,000) $180,001 and over ($54,097 plus 45c for each $1 over $180,000) The above rates do not include the Medicare levy of 2%.

14.01.2022 Are you interested in buying or selling bitcoin? Please read below before you start. The ATO, as well as other tax regulators around the world, considers that cryptocurrencies are ‘a form of property’ rather than being a currency. This means for example that bitcoins are assets and like any other asset (share or bonds), it will be taxed as a capital gain or as a revenue depending on whether the holder is an investor or trader. However, there will not be tax consequences if y...ou are a personal user. Investor if you purchase bitcoin as an investment, you have to pay tax on any capital gain (CGT) you make upon selling it. But if you have held the digital asset for 12 months or longer, you will obtain a 50% discount. The other 50% will be included as assessable income. Trader if you run a business and receive bitcoin as payment for goods and services you sell, or uses bitcoin to make purchases for your business, you are required to include the arm’s length Australian dollar value of the bitcoin transactions in calculating your assessable income. Likewise, if you trade bitcoins, the profits you make will form part of your assessable income. Personal user there are no tax implications for bitcoin if you are a personal user as any capital gain or loss made on selling the bitcoin will be disregarded if the bitcoin cost was under $10,000. To be personal use, you have to look into the intention as well. For instance, you purchased a bitcoin in order to pay a concert ticket. Even if you made a profit out of it, it will be disregarded because you used it for your own consumption. This personal user exemption will be one of the arguments available for those crypto buyers who became wealthy seeking to not be taxed on capital gains as if they were investors. It is expected that some of them will find relief by applying to private ruling in the hope of obtaining a favourable view from the ATO

14.01.2022 130 81013 6 ... SCE See more

10.01.2022 The Fair Work Commission has completed its annual wage review, which means the minimum rates of pay for your industry will increase from 1 July 2018. The following modern awards are now updated: General Retail Industry Award 2010... Clerks - Private Sector Award 2010 Building and Construction General On-site Award 2010 Health Professionals and Support Services Award 2010 Storage Services and Wholesale Award 2010 Hair and Beauty Industry Award 2010 Professional Employees Award 2010 Manufacturing and Associated Industries and Occupations Award 2010 See more

03.01.2022 Working holiday maker tax rates 201819 Taxable income (Tax on this income) $0 $37,000 (15c for each $1)... $37,001 $90,000 ($5,550 plus 32.5c for each $1 over $37,000) $90,001 $180,000 ($22,775 plus 37c for each $1 over $90,000) $180,001 and over (Don't be silly being a working holiday maker in Australia. You could be something else.)

02.01.2022 Are you thinking to be a uber driver? Please contact us before you start. We give you tax tips to save your tax!! #tax #taxreturn #uber #Cairns #Australia #QLD #account #Japanese # #

01.01.2022 We have a staff meeting in Brisbane & Gold Coast from 8th to 11th September. Please come to see our valuable staff in Brisbane and Gold Coast. We love to hear your thoughts about our services.