Author Brooke Fenwick

Superannuation & crypto

Self Managed Super Fund & Crypto

Recently a colleague of mine asked me to ring a client who wanted to know if his SMSF could invest in Bitcoin, a Cryptocurrency. The general story I got was that the trustee did not have enough capital to invest in property, but had been following the Cryptocurrency market with interest. Wow, it never seems

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Professional firm profits

New guidance for the allocation of professional firm profits

Effective from 1st July 2021, the ATO outlined their new proposed compliance approach to the allocation of profits for professional firms and medical practitioners. The ATO has always had concerns about arrangements involving redirecting of income that includes income from professional services received by individual professional practitioners to associated entities to reduce the amount of

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Casual Employment CEIS – Poole Group

Changes to casual employment & the new CEIS

Under recent changes to the Fair Work Act, workplace entitlements and obligations for casual employees have altered effective from 27th March 2021. Employers now need to give all new casual employees a Casual Employment Information Statement (CEIS). Small business employers need to give their casual employees who were employed before 27th March 2021 a copy of the

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