Australia is currently experiencing a cryptocurrency scam epidemic.
Cryptocurrency scams are one of the fastest-growing threats that are impacting Australian banking customers.
During the last year, Australians lost over $221 million to cryptocurrency scams.
Some Australian banks are implementing policies to protect their customers.
From 18 July 2023, the NAB … Read the rest
People who hold cryptocurrencies such as bitcoin, as an investment, are likely to receive a notification from the Australian Taxation Office if they fail to declare when they are sold at a profit.
In Australia Cryptocurrency transactions are subject to … Read the rest
Like many other trading situations, if you operate any form of investing, trading or business, you pay tax on your profits.
A manufacturer, who creates and then sells a product, will pay tax on the profits of that sale, after deducting … Read the rest
