How SMSF’S Can Buy And Sell Cryptocurrencies

Australians who are wanting to invest in cryptocurrencies for your SMSF will need a secure digital wallet. A digital wallet similar to a bank account in the crypto world. You will also need an account with a crypto exchange, the crypto equivalent of an online broking account. There are dozens of digital wallet providers, but […]

Tax of Foreign Income For Australian Residents

Under Australia’s taxation regime, resident taxpayers are subject to income tax on both income derived in Australia and on foreign sourced income. As a general rule, where foreign income is derived by an Australian resident, the gross amount (including any foreign tax paid on the income) must be included as assessable income. A foreign income […]

Bitcoins and SMSFs

While bitcoin may be the most well-known cryptocurrency, there are nearly 1,500 in existence. In its simplest form, a cryptocurrency is a “peer-to-peer electronic cash system”, which means that the currency is not in a physical form like cash but sits in an electronic register. What makes bitcoin work, where previous attempts at electronic cash […]

Tax and Airbnb

Airbnb is one of many examples of the “sharing economy” — connecting buyers (users) and sellers (providers) through a facilitator that usually operates an app or a website. Airbnb acts as this facilitator by allowing individuals, referred to as “hosts”, to rent out a room of their house or their whole house for a short-time […]

Launch of our video platform

We have recently been working through a range of education and information videos to support our partners or to give you some understanding of the issues that arise in the management of taxation or restructure issues. Understanding that some of the issues that arise are complicated and need further explanation, each video tries to cover […]

Basics of Family Trust Elections

Most practitioners have heard of family trust elections, and some may have made family trust elections to err on the side of caution.  However, in many cases, a clear explanation of the reasons for making a family trust election is not readily available.  This article aims to provide a practical explanation of the main situations […]

Welcome to C&D Restructure

The team at C&D would like to welcome you to our website. Whilst the name is new the business remains the same. Lead by Craig Dangar, we continue to offer comprehensive support for our professional partners.