Cryptocurrency traders who think they’re living in a faceless high-tech world will soon get a letter from the tax office. Australian Taxation Office data has captured a dramatic increase in trading since the beginning of 2020. More than 600,000 taxpayers are now dabbling in crypto-assets, the ATO has found. Taxpayers with crypto will be slugged […]
Have you missed to lodge your past year Tax Returns? Have you received penalty notice from the ATO? Do you have query regarding your Tax liability to the ATO? Experts at Tax Purpose can answer your all questions! We all know that it is compulsory to lodge an Australian tax return every year, still […]
At Tax Purpose, we specialize in providing comprehensive Bookkeeping and Taxation services to our clients for various industries. We have many success stories of assisting Uber drivers in setting up their ABN and GST registration and providing BAS and TAX Return services. Our duty is to get all Uber drivers to pay lowest possible tax […]
The Best Tax Adviser will reduce the burden of tax by managing your tax filing at the end of every financial year. The charge you have to pay him/her for necessary documentation work is negligible in comparison to the amount of money you will be saving. You have made several investments and saving plans throughout […]
Usually a sore subject, some companies that you work for will ask you get your own Australian Business Number (ABN), they’ll pay you an amount and it’s up to you to sort your own tax out. This is not the right way in most cases and is simply done because the employer is too lazy […]
