Cryptocurrencies, and their taxation, explained – a ‘magical mystery tour’ (more than just a digital ‘foreign currency’)

On 19 June 2019, Mr Peter Murray of legal firm: Hall & Wilcox, presented his paper: ‘Taxation of Cryptocurrencies’ to the Melbourne Tax Discussion Group. This paper, and the slides he presented, are set out below. Many will be aware of Bitcoin and that it operates through software called ‘blockchain’. Similarly, many will know that…

Federal Coalition’s Personal Income Tax Plan at a glance (Stages 1, 2 & 3 – legislated and announced) – and Labor is divided

The Coalition Government’s personal income tax plan, announced in the 2018 and 2019 Federal Budgets have been (respectively) legislated and merely announced – with the recently defeated Labor Opposition still divided as to whether to respect the re-elected Coalition Government’s mandate or oppose it. This article provides a succinct tabular summary of these enacted and…