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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.

Costs
Happiness of senior man

Taxman’s $10bn Facebook raid

THE flashy lifestyles of Australians who report modest incomes, but live it up on social media, are being investigated by the Australian Taxation Office.

Tax
alarm clock on blue table with sticky note 'tax time'. tax clock, tax time countdown generic

Final countdown to avoid a tax hit

TAX returns must be lodged a week from today — but fear not, procrastinators; changes to the MyTax tool mean many people can complete their forms within 15 minutes.

Tax
Stacks of Australian one dollar coins. Focus on front coin.

How to find a good tax accountant

GROUP certificates and tax statements have arrived but many of us are still trying to find the right accountant to sort out our tax return — and ensure a generous refund.

Tax
(FILES) This file photo taken on June 17, 2015 shows a person using the French version of the Uber app to order a UberPop cab in Paris. Uber was fined 800,000 euros (900,000 dollars) in France on June 9, 2016, half of which was suspended, over its UberPOP ride-sharing service. Two of UberPOP's senior executives in Western Europe were also fined 30,000 euros and 20,000 euros, with half of those sums also suspended.The use of UberPOP in France was halted last July amid a storm of opposition to the service from taxi drivers. / AFP PHOTO / THOMAS OLIVA

ATO crackdown on sharing economy

A STERN warning has been issued to hundreds of thousands of Australians earning extra income from the sharing economy — you will get caught if you don’t declare it in your tax return.

Tax
tax, australian money, generic

How to trim your tax bill

GIVING away money needlessly is not something most Australians enjoy, yet many do it every year to the ATO. This is what you’re doing wrong.

NSW
Deputy Commissioner (Operations) Steve Brown today launching a major operation targeting crime in the metropolitan area. Generic police.

WARNING: Tax Scam

Australian Police have issued a warning against taxation scams that are targeting people across NSW.

Budgeting
Money, Paperwork, Stress, Computer, Budget, Tax Return,

Tax time’s powerful incentive

THE tax office has already issued more than $17.6 million in refunds for the 2014/15 financial year – but you have to act quickly to get any money you are owed.

Tax
23/05/2011 NEWS: Model in generic photo with mountain of paperwork at end of financial year at tax time for submitting taxation return.

The best tax fix ever

THEY’RE not usually regarded as heroes, but the Australian Taxation Office has made a simple change that is saving Aussies a lot of time, and even more money.

Original URL: https://www.news.com.au/topics/tax-time/page/10