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One million Australians may face a private health tax penalty
1+ hour, 2+ min ago (251+ words) An earner on A$200,000 without hospital cover could owe an additional A$3,000. Around one million Australians are expected to receive a surprise tax bill this year for failing to hold private hospital insurance. The Medicare Levy Surcharge (MLS) is a…...
Pakistan scholar declares crypto impermissible under Sharia, impacting investors
47+ min ago (425+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
Fed speeches, economic data may shape Clarity Act's legislative progress
1+ hour, 28+ min ago (572+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
AFCA data confirms growing impact of Shield/First Guardian
2+ hour, 2+ min ago (282+ words) Home > Financial Planning > AFCA data confirms growing impact of Shield/First Guardian Managing Editor and Publisher Just days after the Compensation Scheme of Last Resort (CSLR) released its revised levy estimate, the Australian Financial Complaints Authority (AFCA) updated its data…...
Paul Johnson: Inheritance tax changes may influence timing of deaths
2+ hour, 51+ min ago (682+ words) Traders Union Paul Johnson: Inheritance tax changes may influence timing of deaths Paul Johnson suggests that changes in inheritance tax policy can impact the timing of deaths. He references evidence that when inheritance tax was abolished in Australia in the…...
Why AI chatbots are not safe to calculate your income tax return
2+ hour, 30+ min ago (341+ words) Deccan Herald Every filing season, more people try to file their income tax returns with an AI chatbot It is easy to see why The forms are confusing, the deadline is close, and a chatbot answers in seconds After more…...
House to hold hearing on Digital Asset Market Clarity Act this Friday in NYC
2+ hour, 4+ min ago (444+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
Senator Lummis Promotes Clarity Act — What Comes Next
2+ hour, 6+ min ago (103+ words) Senator Lummis emphasizes the need for the Clarity Act to establish digital asset regulation. Here's why it matters for the future of crypto. Senator Lummis highlights the Clarity Act's importance for digital assets. The push for regulatory clarity is intensifying…...
NOBLE Backs Clarity Act as Major County Sheriffs Shift to Neutral — What This Means for Regulation
2+ hour, 19+ min ago (257+ words) Stand With Crypto updates on Clarity Act endorsement by NOBLE. As Senate deadline looms, here's what stakeholders must know. Stand With Crypto reports no Clarity Act vote on July 4th. NOBLE becomes the first law enforcement group to support the bill....
Consultation paper details changes considered to discretionary trusts
2+ day, 14+ hour ago (896+ words) However, Stead noted the consultation period is “very tight” for a matter so comprehensive and unless proper consideration to all flow-on issues is given with the input of industry and professional bodies, there are likely to be numerous unforeseen issues…...