taxation Feed

taxation

Why do I suddenly owe tax this year? It could be because the LMITO is gone, forever

03 Oct 2023

The Low and Middle Income Tax Offset was a flawed idea. Now that it’s gone, our tax bills are up to $1500 higher.

ostentatious man in a limousine holds out a glass of red wine

Does paying for tax advice save money? Only if you’re wealthy

14 Jun 2022

Tax advisers are more likely to act as 'tax exploiters' for wealthy clients but 'tax enforcers' for the rest of us.

Writing on window says pay your tax here

Do's and don'ts for tax returns: experts available for comment

28 Jun 2021

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.

We're facing an insolvency tsunami. With luck, these changes will avert the worst of it

30 Sep 2020

New rules will allow insolvent small businesses to keep trading rather than go straight into administration.

Testamentary trusts are one of the last truly outrageous means of avoiding tax

28 Sep 2020

They not only direct tax-free income to children, but also to children who are yet to be born.

Yes, there are millionaires who pay no tax, but crimping deductions mightn't help

13 Jul 2020

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.

Memo to Australia's states: try renovating your tax system before asking for a new one

06 Jul 2020

Boosting the GST and swapping land tax for stamp duty get headlines, but they never seem to happen.

A chalkboard with 'tax time' written on it.

4 tax tips for small businesses to consider before lodging their tax return

30 Jun 2020

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.

UNSW academics explain what tax incentives are needed to help stimulate growth and cushion businesses as Australia recovers from the pandemic. Photo: Shutterstock

What belt-tightening and tax-raising strategies will be needed to help Australia foot the COVID-19 bill?

20 May 2020

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.

Post-coronavirus, we'll need a working tax system, not more taxes and not higher rates

04 May 2020

The coronavirus pandemic has highlighted the fact we are failing to collect tax revenue and also giving away hundreds of billions in tax concessions.

taxation

Pages