TAX

Australian and German flags

The average Australian household is wealthier yet more indebted than the average German household, partly due to tax and retirement income policies.

Business owner calculating tax return

Professional tax advice is needed to improve the mental health outcomes for small businesses in financial distress, says a UNSW Business School expert.

A woman window-shopping.

Australia has always been unwilling to consider changes to the Goods and Services Tax, but now, in the middle of a pandemic, we could celebrate the GST’s 20th birthday with changes – or even a GST holiday.

A person writing notes on paper

Claiming for working for home is fraught. It's safest to claim the running expenses the tax office allows. 'Occupancy expenses' are harder to justify and could cost you your capital gains tax discount.

A chalkboard with 'tax time' written on it.

A UNSW tax expert explains how small businesses can make the most of their tax return if they’ve worked from home during the pandemic.

swamped by paperwork

Sole traders helped by UNSW Tax Clinic who were behind on their quarterly Business Activity Statements were on average seven years behind.

With a significant portion of professionals now working from home, this has had wider tax implications for individuals as the line between what is deductible and what isn’t, becomes blurred.

A UNSW tax expert shares practical tips on claims you can make in your tax return if you’ve worked from home during the pandemic.

rosalind_dixon_and_richard_holden.png

A proposal to tax carbon emitters, redistribute the funds to taxpayers and reduce emissions gets the thumbs up.

Dr Ann Kayis-Kumar

We need to consider the growing complexity of the tax system without losing sight of what's fair. 

School of Taxation & Business Law academic, Kathrin Bain

UNSW Business School academic Kathrin Bain suggests that as an alternative, the government could make franking credits non-refundable for public companies but refundable for private companies.

Pages