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Tax Time

Tax time is approaching. Find out what you can and cannot claim for deductions this financial year and who is on the ATO's tax hit list.

Detail in multibillion-dollar Aussie problem

Detail in multibillion-dollar Aussie problem

A million-dollar bust has exposed the shocking scale of Australia’s illicit tobacco crisis bleeding billions in tax revenue.

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ATO ‘not mucking around’ this tax time

Time is running out for millions of Australians to lodge their tax return, with a particular warning being issued to those with tax debts this year.

ADELAIDE AUSTRALIA - NewsWire Photos JUNE 19, 2024: Australian Taxation Office (ATO) whistleblower Richard Boyle outside the Supreme Court after the case against him was dropped. Picture: NewsWire / Brenton Edwards

ATO whistleblower Richard Boyle dodges jail

A man who exposed controversial debt recovery practices at the Australian Tax Office has avoided jail and walked away a free man.

AUSTRALIA - NewsWire Photos - General view editorial generic stock photo image of Australian cash money currency. Picture: NewsWire / Nicholas Eagar

‘Dodgy advice’: ATO grim super warning

Australians are being warned against trying to claim their superannuation to pay for holidays, lifestyle expenses or non-essential medical treatments.

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Rich life of pub baron who owes $1bn

The high life of pub baron Jon Adgemis has been laid bare by the ATO despite owing $1 billion.

FEDERAL BUDGET 2024: AUSTRALIA - NewsWire Photos - General view editorial generic stock photo of Australian cash money currency. Picture: NCA NewsWire / Nicholas Eagar

‘What the hell?’: ATO move stuns tax agent

Aussies have been issued a stark warning this tax time, after an accountant noticed an unusual rise in clients being hit with ATO debts.

Paul Keating Picture: Mick Tsikas-Pool/Getty Images

Questions as ATO wipes former PM’s $1m bill

The ATO is under pressure to explain why it wrote off almost $1 million in interest and late penalties owed by one of Paul Keating’s companies.

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Tax return question making Aussies paranoid

Tax time is here and when news.com.au hit the streets of Sydney it quickly became clear there’s one thing making Aussies squirm.

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‘WTF is this?’: Young Aussies fume over tax

Aussies have started submitting their tax returns, with an increasing number left fuming after copping brutal bills instead of refunds.

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Accountant’s horror at client’s $1.3m ATO debt

An Aussie accountant has spilled on her biggest shock when doing tax returns for people in the sex industry.

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SYDNEY, AUSTRALIA - NewsWire Photos AUGUST 6, 2024: Lunchtime shopping crowds pass the Strand Arcade in George street, Sydney. RBA to release its quarterly assessment of current economic and financial conditions as well as the outlook that the Reserve Bank Board considers in making its interest rate decisions. Picture: NewsWire / John Appleyard

Insane post tax splurge revealed

Australians have already spent this year’s tax return despite the Australian Taxation Office unlikely to issue refunds until late July.

New Brisbane Roar chairman/CEO Kaz Patafta. Picture: Supplied Brisbane Roar

Brisbane Roar’s future secured

Having faced being wound up due to a historical seven-figure tax debt, Brisbane Roar has now paid the all the money that was owed to the Australian Taxation Office.

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27yo's surprise tax debt discovery.

‘Endless tears’: 27yo’s horror at $40k tax debt

A young woman has revealed why she ended up being in “endless tears” over a tax reality that she didn’t see coming.

If you do these things, you might be on the ATO's radar. Picture: Supplied

If you do this, you’re on the ATO’s radar

With tax time upon us, there are major four huge mistakes Aussies are making that could mean you are on the ATO’s radar.

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‘Holy!’: 33yo left in shock after doing tax

Tax time has arrived and a young Melbourne mum has revealed her shock after looking over her yearly earnings.

Seaquatix founder and chief executive Aprille Lim. Picture: Supplied

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.

Doctor hands reading medical paperwork, compliance document and personal data before surgery in a hospital office. Healthcare professional doing research on medicine and health insurance in an office istock image

Aussie job that will earn you $472K a year

Australia’s highest-earning jobs have been revealed with the top job remaining unchanged in over 14 years.

Millions of Aussie small businesses are being warned to pay their tax bills on time or they will be slugged with a fee compounding daily.

Major tax change impacting millions

Millions of Australians are being urged to check their tax status ahead of a law aimed at recouping $45bn coming into effect in just a few days.

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Aud 50 100 AUS Australia banknotes, money and calculator. Saving concept Picture: istock

How you could get $20k back in your tax

For many Australians, tax time brings a sneaking suspicion you’ve left money on the table. Here are some simple ways to boost your returns.

Boody basics, Asia flights and Samsonite luggage are all winners in this year's EOFY sales. Picture: Boody, iStock, Samsonite

Best early End of Financial Year travel deals for 2025

The Mid-Year sale season has begun with Boody’s bamboo clothing and undies at 30 per cent off, $792 Asia flights on Singapore Airlines and Samsonite suitcases at 40 per cent less.

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How you can save this end of financial year

For the millions of Aussies who own an investment property, tax time is one of the most important periods of the year. Here’s everything you need to know.

CANBERRA, AUSTRALIA - NewsWire Photos - June 18, 2025: Dr Jim Chalmers MP, Treasurer of Australia addresses the National Press Club of Australia in Canberra on

Huge call to lift the GST rate

Australia should slash income taxes and lift the GST to help pay off the nearly one trillion dollars in national debt.

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AUSTRALIA - NewsWire Photos - General view editorial generic stock photo image of Australian cash money currency. Picture: NewsWire / Nicholas Eagar

Big mistake Aussies make with tax return

Australian taxpayers are tipped to cost themselves hundreds of dollars by making this one simple mistake at tax time.

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‘Think again’: Warning as tax cheats caught

Three people have been jailed over tax fraud as a warning is issued to Aussies preparing to file their tax returns this financial year.

BRISBANE, AUSTRALIA - NewsWire Photos - MAY 14, 2025. Federal Treasurer Jim Chalmers (R) and the new member for Forde Rowan Holzberger during a press conference in Brisbane, discussing wages growth data. Picture: Dan Peled / NewsWire

Treasurer grilled on $3m super tax fears

Labor has come out swinging in defence of its controversial changes to superannuation taxation, calling for a “bit of perspective”.

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Authorities are calling on the community to help combat illegal tobacco farming after a major bust uncovered 16 tonnes of illicit crops linked to organised crime. Photo: Australian Taxation Office

ATO’s warning on black market ciggies

Authorities are calling on the community to help combat illegal tobacco farming after a major bust uncovered 16 tonnes of illicit crops linked to organised crime.

New landmark second tower at the Festival Plaza site . Picture: Walker Corporation

Walker hoping to entice ATO to Adelaide city skyscraper

The SA capital’s first skyscraper could win over one of the biggest tenants in the market.

MELBOURNE,AUSTRALIA-NewsWire Photos 30 JUNE, 2024: From tax to minimum wage, the financial landscape for Australians will change dramatically from July 1. Economy generic file pix. Picture: NCA NewsWire / Valeriu Campan

ATO’s warning to one group as tax time looms

The Australian Taxation Office has announced its hit list for businesses ahead of tax time, as it looks to crack down on dodgy practices.

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SYDNEY AUSTRALIA - NewsWire Photos, 12 February, 2024: George Alex (left/beard) and his son Arthur Alex (right/light suit) arrive at Darlinghurst Supreme Court over allegations they defrauded the Australian Tax Office out of $17 million, which they splashed on luxury cars and multimillion properties. Picture: NCA NewsWire / Simon Bullard.

Tears as fraudsters lashed for $10m scam

There were gasps and tears as a disgraced construction boss and his co-conspirators were jailed over a “crude” $10m tax fraud scheme.

FEDERAL BUDGET 2024: AUSTRALIA - NewsWire Photos - General view editorial generic stock photo of Australian cash money currency. Picture: NCA NewsWire / Nicholas Eagar

Huge warning over dodgy GST refunds

The Australian Taxation Office has issued a major warning amid their crackdown of business owners trying to cheat the GST system, following a huge spike in fraudulent claims.

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Original URL: https://www.news.com.au/topics/tax-time