$15 beers to become ‘shocking’ new normal
You hate to hear it, but the industry is warning that $15 dollar pints will become the new normal – claiming a despised tax is to blame.
Tax
’Done’: Threat to Albo over tax cuts
Anthony Albanese’s hold on the leadership could be at risk if he walks away from a huge tax change, Peter Dutton warns.
Tax tricks to save $84,000 in 2024
Saving tax is the best way to get ahead with money without making any huge sacrifices – and it could save you tens of thousands.
‘Overlooked’: $2k tax deduction Aussies miss
There’s a common expense that Aussies don’t realise they can add to their tax return – losing them an average deduction of $1936.
How to save $1158 a month in tax
Every Aussie wants to slash the amount of tax they have to pay – and here’s one seriously smart way to use the rules to your advantage.
Bank’s surprise gift to homeowners
An Australian bank has delivered a surprising gift to new home hunters just before Christmas.
Trick to save $4700 in tax per year
A financial adviser has revealed a trick that will let you save thousands on your tax bill – and it’s perfectly legal.
Popular family cars caught up in tax hike
Two popular family car models have been caught up in a new tax hike announced by the federal government.
Push for new tax as banks bail from towns
Thousands of bank branches have closed across Australia but the one politician has suggested a possible solution to help fill the gaps.
Figures expose ‘concerning’ Aussie trend
Startling new figures on the number of Aussies seeking financial help has exposed the extent of pain being felt amid the cost-of-living crisis.
‘Crazy’: Aussies’ wild tax claims exposed
A tax specialist has revealed the crazy and wild things Aussies have tried to claim on tax … and you’re never going to guess them.
Dire income outlook for Aussie households
The Reserve Bank’s latest quarterly statement has painted a grim picture for Aussies hoping for relief from soaring inflation rates.
800 Aussie companies that paid no tax
Nearly one third of the largest companies in Australia paid no income tax in 2021-22, according to the ATO.
Embattled firm to slash hundreds of jobs
More than 330 jobs will go at PwC following the consulting giant’s involvement in a taxation scandal earlier this year.
Expert pulls apart ‘pathetic’ tax cuts
A leading Aussie economist has torn apart the controversial stage three tax cuts in a searing address, as calls mount to scrap them.
Aussies fume over new bin tax plan
A ‘pay as you throw’ proposal to charge people by the amount of waste they throw out has many up in arms, calling for the idea to be shelved immediately.
Ex-EY partner accused of ’unacceptable’ act
A former big four tax partner is under fire for allegedly promoting a tax exploitation scheme that netted more than $700,000.
Deadline Aussies don’t want to miss
Aussies are being urged to lodge their tax return in the next few hours otherwise they risk getting hit with a $1500 fine.
’Paralysis’: Big tax issue hitting Aussies
With only two days to go before the cut off for Aussie workers to file their own tax return or face a massive fine, a concerning trend is emerging.
Deadline for lodging your tax return
The ATO is warning Aussies who have not lodged their tax return to get a move on, with a deadline rapidly approaching.
ATO’s mammoth $6.4 billion clawback
A special Australian Taxation Office task force has bagged a mammoth amount of cash in its fight against tax avoidance.
RBA boss’s $110k pay bump before exit
The latest report from the Reserve Bank of Australia shows how much money the men and women who determine your mortgage bill make each year.
Aussies set to cop $80,000 tax slug
Australians who carefully saved up through self-managed super funds are set to be walloped with a brutal new tax that could leave some struggling to pay their bills.
Tax warning to millions of Aussies
A staggering number of Aussies are being warned they could face a hefty fine if they don’t get a move on with their tax return.
‘Disgusted’: Truth about shock new tax
An expert has warned some Aussies won’t be exempt from Victoria’s new tax, despite the government insisting they won’t be hit.
‘Nervous’: Farmers erupt over new tax
Millions of Australians will be subjected to yet another big new tax – sparking furious backlash. Here’s why farmers are “very nervous” about the cash grab.
‘Wrong’: Treasurer hits back at RBA critics
The Treasurer has defended his RBA overhaul after former Liberal politician Peter Costello doled out a sharp critique this week.
Aussie city’s rent crisis laid bare
Despite positive figures on paper, people in one Australian city are feeling the pinch from soaring rents and massive mortgages – and things are tipped to get worse.
Airbnb’s shock claim about Dan’s new tax
The head of public policy for Airbnb Australia has made a big claim about the tax amid fears a holiday rental black market will emerge.
‘Say it 100 times’: Dan’s furious Airbnb clash
Daniel Andrews has clashed with a reporter in a fiery argument over his government’s “modest” 7.5 per cent Airbnb tax.
Dan Andrews drops Airbnb bombshell
The Victorian Premier this morning did something no other state leader has by dropping a bombshell policy that has been labelled “half-baked”.
Grim warning to Albo on new taxes
The looming expiration of a Morrison-era deal has one state treasurer sounding the alarm about reintroducing “inefficient taxes”.
Dan to slug holidaymakers with new 7.5% tax
In an Australian first, the Victorian government is set to introduce a ‘holiday and tourism tax’ that will cost holidaymakers more.
‘Opportunity’ for Australia to help Ukraine
Australia has begun negotiations with Ukraine over a deal that will cut both ways and help rebuild the war-torn country.
PM urged to consider dreaded new tax
A feared tax that has been implemented in other parts of the world is being floated to the government by somebody it is closely listening to.
Hundreds rally to fight housing crisis
Hundreds have gathered in Sydney, calling on the Minns government to promise more public housing in the budget.
’None of those’: Australia’s big tax problem
An independent MP is pushing to end a 23-year stalemate over one policy area, but her intervention faces a major hurdle.
ATO blasts ‘un-Australian’ deductions
The tax office has lashed some for wrongly claiming deductions — and it says the move is hurting Australians who need it most.
Proof young Aussies ‘doing it harder’
More needs to be done to stop one group of Australians facing entrenched disadvantage, an independent MP has warned.
Major warning over tax return fraud
Scammers have turned to a new way of trying to swindle Aussies out of their tax returns, prompting an urgent warning from the tax office.
‘Poor buggers’: Aussies to suffer tax ‘tragedy’
The growing reliance on personal income taxes to prop up government coffers is an “intergenerational tragedy”, it’s been claimed.
ATO’s warning to these dodgy Aussies
The ATO has issued a warning to a group of tax-dodging Aussies, saying it’s not a matter of “if” they’re caught but “when”.
One issue Australia must not ignore
Amid a grim warning about the future of Australia’s economy, politicians are being urged to leave politics to the side to talk about one thing.
Cost-of-living relief for millions of Aussies
Aussies struggling through the cost-of-living crisis will breathe a sigh of relief after the Treasurer slapped down a call to increase a major tax.
Shock as 290,000 tax returns ‘wiped’
Nearly 300,000 Australians could see their tax return reduced or even wiped entirely after a quiet move by the ATO.
Son of ATO boss ‘on drugs’ during scam: court
The son of the former deputy commissioner of the ATO was motivated by greed when he defrauded taxpayers out of $105m in an “immoral” tax scam.
‘Not right’: Truth behind ‘insane’ tax change
Aussies have slammed looming stage three tax cuts as a “war on the poor”, but a financial planner has revealed the truth behind the changes.
TikTok fraud costs taxpayer $1.2bn
The tax office has been defrauded of over a billion dollars by a popular TikTok scheme.
‘War on poor’: Tax warning enrages Aussies
A financial planner’s advice for Aussies to minimise their tax after the government’s stage three tax cuts has sparked a war of words online.
Iconic Sydney venue thrown major lifeline
A beleaguered casino has been offered tax concessions amid fears it would have closed shop without state intervention.
Shock plan to steal Aussie savings
Aussies could dip into their savings to fund one thing under a bold new proposal and a “conversation that we need to have”.
‘Fed up’ tax agents turn on ranting Aussies
Tax experts have had enough with “whingeing” Aussies complaining getting a tax bill, revealing it’s is their own fault, not the ATO’s.
Family ‘living in fear’ after app hack
A couple are living in fear after hackers stole their personal information from an app almost all Australians use.
‘You’re lost’: Tax lawyer lays into Aussies
A tax lawyer has blasted Aussies for their “tax return mentality”, revealing some hard truths to those whinging about not getting any cash back this year.
Woman’s salary exposed after $13k tax rant
A Gold Coast woman has been torn to shreds online after she vented about her $13,000 tax bill, only for her true salary to be exposed.
Lawyer tears apart $13k tax bill rant
A tax expert has quickly dismantled a woman’s TikTok rant about her $13k tax bill, claiming the figures are “basic maths”.
Australia risks migration ‘stink bomb’
An influx of migrants to Australia will put pressure on an already squeezed housing market. One union boss has a bold idea to fix the problem.
‘The money exists’: New tax could end crisis
Australia’s national housing crisis could be fixed should Labor agree to adopt a wild new pitch to overhaul taxes.
‘Taking the p***’: Aussies rage at ATO
Aussies have lashed out at the ATO for having to wait in a virtual queue to file their tax return – with some comparing the delays to the shambolic Taylor Swift tour sale.
‘I have to pay the ATO $90,000’
A young Aussie woman has revealed the insane bill she has been hit with after completing her tax return this year.
Tax truth ‘ripped off’ Aussies need to face
If you are feeling “ripped off” after completing your tax return this year, there is likely an uncomfortable truth you need to face.
Real reason Aussies are furious with ATO
Furious Aussies are turning on the government and ATO as an increasing number of workers are slapped with unexpected tax bills.
Young Aussie stunned by $15,000 tax bill
An Aussie OnlyFans creator has revealed her dismay at being slugged with a massive bill from the ATO after completing her tax return.
Australians lose it over rude tax shock
Some Australians have copped a rude shock while doing their tax returns, discovering the brutal impact of one life decision.
‘Single biggest opportunity’ to pay less tax
Fall into this common cash trap and you’ll be costing yourself money this year – and every year into the future as well.
10 million Aussies stung by brutal tax change
Millions of Australians may get stung this tax season, discovering they owe thousands of dollars in debt to the tax man.
‘I’m scared’: Aussie’s wild $10k tax shock
One woman’s tax return nightmare has left others terrified of completing their own tax this year, as furious Aussies lash out at the ATO.
Aussies blast ATO over ‘slap in the face’
Furious Aussies are claiming they have been “robbed”, with many left horrified after lodging their tax returns this year.
One group losing out this tax season
Many Aussies are getting their tax return back and finding it a lot lighter than previous years but there’s a very simple explanation for it.
Trick to get a $1m house for $8k a year
Buying a $1 million investment property can seem daunting but there’s a perfectly legal way to pay just $8000 a year for it.
Five sneaky ways to pay a lot less tax
If you want your tax bill to be hundreds or even thousands of dollars less, then financial adviser Ben Nash reveals some easy ways to pay less.
Protests erupt against RBA governor
A group of protesters have gathered outside the Reserve Bank as Philip Lowe hands down his latest decision on interest rates.
How to supercharge your tax refund
You don’t want to pay more tax than you have to – and a big bill doesn’t always mean you owe that amount of money.
‘Don’t click’: Aussies warned over text
Aussies are being warned to be on their toes as tax time nears as authorities investigate a series of scams pretending to be from the ATO.
How to add ‘tens of thousands’ to your income
Yes, tax time is confusing. But there are plenty of smart, simple ways to cut your tax bill today – and hang onto more of your hard-earned cash.
Influencers to claim big this tax time
Australians with a side hustle can make the most out of their upcoming tax returns by following these simple tips.
Odd new tax claim gets green light
About a fifth of Aussie workers use AI tools in their jobs, and the ATO says these are fair deductions at tax time – as long as they can tick three boxes.
Tax time warning to crypto owners
The millions of Australians with crypto in their digital wallets have been warned about a tax-time crackdown.
Big tax mistakes costing you a refund
With tax season around the corner, cash-strapped Aussies will be eager to file their taxes – but there are some mistakes that could cost you a refund.
‘Silent killer’ costing you thousands
The key to making massive savings on your tax bill can come down to one seriously savvy strategy – and it will pay off “forever”.
Original URL: https://www.news.com.au/finance/money/tax/page/6