Brains Trust

Accounting and tax for Bitcoin in Australia

- March 7, 2014 4 MIN READ

With Bitcoin use increasing in Australia, there has been little guidance to date from the ATO and other regulatory authorities about the accounting and tax treatment of this payment method. So we have put together a list of some of the key accounting and tax questions you may have when using Bitcoin.


Tax: When do I need to worry about…?

- September 23, 2013 3 MIN READ

There are so many different tax requirements that startups need to worry about. From when to pay GST to when to lodge a tax return to when to start paying superannuation€, the list starts to get very exhaustive.


Ten Tax Tips for Small Business

- June 24, 2013 4 MIN READ

Small business entities (SBE’€™s) €“ A businesses with annual turnover of under $2 million – have access to a range of concessions which not only help reduce their taxable income but are also designed to make tax administration easier.