For employees working from home, part-time workers and small businesses juggling JobKeeper, there are things to watch out for this year when filing tax returns.
New rules will allow insolvent small businesses to keep trading rather than go straight into administration.
They not only direct tax-free income to children, but also to children who are yet to be born.
Some tax deductions for the cost of managing tax affairs exceed $1 million, but high wealth individual\s can write off the expense in other ways.
Boosting the GST and swapping land tax for stamp duty get headlines, but they never seem to happen.
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.
Tax experts from UNSW Business School discuss possible tax reforms and quick fixes that Australia could implement to pay off an estimated $1 trillion national debt post-coronavirus.
The coronavirus pandemic has highlighted the fact we are failing to collect tax revenue and also giving away hundreds of billions in tax concessions.
Other measures might raise as much as her proposed wealth tax, but Democratic front-runner Elizabeth Warren likes big gestures.
It should be possible to not have to file a tax return, says UNSW Business School lecturer Kathrin Bain.