Laws on bankruptcy changed temporarily to help cope with COVID-19

The government has temporarily changed bankruptcy law to help protect people who are facing an unmanageable debt as a result of the economic impacts of COVID-19.

Early release from super a relief, but comes with risks

The government is allowing the early release of superannuation and a temporary reduction in minimum pension drawdown rates to help individuals deal with the adverse economic effects of COVID-19.

Unpaid “crypto” tax another big target for ATO revenue collection

For some time now, the ATO’s data matching arm has been collecting bulk records from Australian cryptocurrency designated service providers.