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tax time concept clock closeup isolated on white background with red and black words.  tax clock, tax time countdown generic

Missing the tax deadline can be costly

About 10 million Australians are expected to have lodged a tax return by this month’s deadline. The stragglers are being warned of potential penalties, and money specialists have shared the best ways to make a refund work harder.

Tax
A close-up view of five wads of folded over stacks of australian dollar banknotes each bound infomally by a rubber band set out in a domino formation on an isolated dark studio background

200,000 could miss tax refund

MILLIONS of dollars worth of tax refunds are at risk of going unclaimed this year because of one simple error many Australians are making.

Tax
Australian banknotes (cash, currency) spread out in panorama format.  Horizontal, copy space, no complete notes displayed.

$9 billion change to the GST

THE Australian Government is promising a $9 billion change to the GST, which will have a radical effect on one state in particular.

Tax
$50 jnote a a a a

$50 tax rule you need to know

IT’S one of the most common claims people make on their tax return and you will face a big penalty if you don’t follow this rule.

Tax
Australian money, currency or cash flat on table

Best way to spend tax refund

HALF way through tax time many people will have received a nice chunk of cash back. Don’t buy a lotto ticket — do this instead.

Money
Young business woman acting crazy after stress yelling shouting and grabbing long hair. angry, grumpy investor, generic,

How to reduce tax time stress

STRESS at tax time is more common than you might think, but specialists say a few simple tricks can help ease the worries of many Australians.

Money
Scam tax form

Beware of these ATO tax scams

NOBODY wants to get in trouble with the ATO, and fraudsters are preying on this by stepping up their scam attacks on unsuspecting taxpayers.

Tax
James Ashby with his boss Pauline Hanson in Parliament House Canberra. Picture Gary Ramage

Hanson’s baffling take on tax cuts

“I HAVEN’T flip-flopped. I said no originally, then I said yes, then I have said no and I have stuck to it.” Welcome to the particular logic of Hanson-ese.

Tax
Leader of the Opposition Bill Shorten during Question Time in the House of Representatives at Parliament House in Canberra, Monday, June 25, 2018. (AAP Image/Mick Tsikas) NO ARCHIVING

Labor to take away tax cuts

BILL Shorten has made a surprise announcement, declaring his party would take away already legislated tax cuts from 14,000 Australian businesses if elected.

Costs
Cheerful mother and daughter shopping online at home during Christmas

Upside to new online shopping change

CONFUSION is expected when GST is added to goods purchased online from overseas sellers on July 1, but there will be long term benefits for local retailers and shoppers.

Tax
Leader of the Opposition, Bill Shorten holding a press conference at Parliament House in Canberra.

Word coming back to haunt Labor

WITH the government’s tax cuts passing through Parliament, Labor is flirting with reusing a tactic that was a political disaster 17 years ago.

Original URL: https://www.news.com.au/finance/money/tax/page/20