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Income tax

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No tax relief for you: Deficits, cost put cuts in too-hard basket

No tax relief for you: Deficits, cost put cuts in too-hard basket

Neither major party will try to win over voters at the federal election with an offer of substantial tax relief.

  • by Shane Wright

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The half trillion-dollar tax headache facing Australia

The half trillion-dollar tax headache facing Australia

Anthony Albanese and Peter Dutton face a half trillion-dollar tax problem – without a change, Australians will face a generational high tax hit.

  • by Shane Wright
Emptying the cookie jar to pay interest: Borrowers are desperate for rates to fall

Emptying the cookie jar to pay interest: Borrowers are desperate for rates to fall

There are plenty of white-knuckled borrowers waiting for February in hopes the Reserve Bank will begin down the path of lowering rates. Can they make it that far?

  • by Elizabeth Knight
Peter Dutton backs away from tax cuts for the rich

Peter Dutton backs away from tax cuts for the rich

Opposition Leader Peter Dutton said Australians were just as focused on inflation as Americans who elected Donald Trump as he refused to commit to the reform.

  • by Olivia Ireland
‘Painful, tedious’: This is what it is like to have your tax return audited

‘Painful, tedious’: This is what it is like to have your tax return audited

The first audit shocked Moxin Reza, but the second time, he was ready.

  • by Millie Muroi
I lost a lot of money while investing. Will it reduce my tax bill?
Opinion
Opinion

I lost a lot of money while investing. Will it reduce my tax bill?

Capital losses can only be applied against capital gains, so you if you’ve incurred a significant loss it might be time to sell some assets.

  • by Paul Benson
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Solve decades of political ‘stuff-ups’ with hung parliament: Spender

Solve decades of political ‘stuff-ups’ with hung parliament: Spender

Independent MP Allegra Spender says 20 years of policy inaction have left Australia with poor housing and tax systems, but sees a way to fixing them.

  • by Shane Wright
Never mind negative gearing – this is the real steal

Never mind negative gearing – this is the real steal

Everyone seems to have an opinion on negative gearing, but the way the country taxes capital gains is costing a fortune and adding to house price pain.

  • by Shane Wright
Hey, big spenders: The most profligate election campaign in US history

Hey, big spenders: The most profligate election campaign in US history

Donald Trump and Kamala Harris are announcing new big-ticket election promises almost daily. Harris’ agenda appears less unaffordable than Trump’s.

  • by Stephen Bartholomeusz
Tax attack could be next challenge for cash-strapped shoppers

Tax attack could be next challenge for cash-strapped shoppers

Shoppers have yet to dip into their stage 3 tax cuts to boost spending. And they may face a new problem – the tax man.

  • by Shane Wright
Should I max out my offset account or invest in shares instead?
Analysis
Investing

Should I max out my offset account or invest in shares instead?

Figuring out how to make your money work harder for you can be challenging enough, let alone in a cost-of-living crisis.

  • by Caterina Hrysomallis

Original URL: https://www.brisbanetimes.com.au/topic/income-tax-5yk