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Tax minimisation

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The tax change will only affect about one in 200 Australians, but the impact could be bigger over time.

Wealthy people are already preparing for the new super tax. Here’s how

Those with super balances over $3 million are starting to rethink their strategies. Some are already pulling money out to help their kids.

  • Millie Muroi

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National Farmers Federation president David Jochinke. His property is located at Murra Warra, north of Horsham in Victoria 

Farmers fear big tax bills could force them to sell off their land

Rural land values have exploded in recent years, but that won’t help farmers pay their bills under the new tax on superannuation earnings.

  • Mike Foley
Five weeks until the end of the financial year means it’s action stations if you want to make any moves to minimise your tax.

Five last-minute hacks to help reduce your tax bill

Five weeks until the end of the financial year means it’s action stations if you want to make any moves to minimise your tax.

  • Nicole Pedersen-McKinnon
Greens leader Larissa Waters.

Greens to push for super tax indexation

On Friday, Waters said the Greens partyroom would discuss the policy and likely advocate a similar position to the one before the election.

  • Olivia Ireland
The true extent of Anthony Albanese’s victory will be tested by Jim Chalmers’ proposed superannuation changes.

What you need to know about Labor’s new super tax

The system applies to one in 200 taxpayers now, but could affect many more in years to come. Here are the key issues and how the change affects you.

  • Millie Muroi
Treasurer Jim Chalmers is facing strong pushback for his long-standing plan to change tax arrangements for large superannuation funds..

‘Hundreds of thousands’ could be caught in Chalmers’ super tax

It’s sold as just a “modest” hit to 80,000 wealthy retirees. But a leading tax expert says Jim Chalmers’ superannuation changes will quickly affect far more.

  • Shane Wright
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Treasurer Jim Chalmers says his superannuation changes are needed to repair the budget.

Not for turning: Chalmers rounds on super critics and stands by his plan

Critics have mounted a loud last-minute campaign to force changes to Jim Chalmers’ plan to change superannuation taxes. He says he’s not for turning.

  • Shane Wright
Prime Minister Anthony Albanese and Treasurer Jim Chalmers.

Super tax changes the real test of Albanese’s election victory

It’s been on the government’s agenda for two years, but the planned overhaul of tax on super accounts worth more than $3 million will be Albanese’s first test.

  • Shane Wright
The Tax Office says people making claims should be asking themselves whether their deductions pass the “pub test”.

Sprung! The wildest claims people have made on their tax returns

From air fryers to swimwear and $10,000 in luxury-branded clothing, here are some of the strange claims the Tax Office has to sort through.

  • Millie Muroi
Apple's weak sales figures this week scared investors.

The global giants costing Australia billions of dollars hit with a reality check

They may not be breaking the law, but the taxes multinationals pay are not proportional to the profits they are raking in. That’s something laws passed earlier this week seek to change.

  • Millie Muroi

Original URL: https://www.brisbanetimes.com.au/topic/tax-minimisation-62y