Millions of Aussies warned over $313 fine
Aussies are being warned they could face a fine if they aren’t mindful of two key dates on the Australian Taxation Office’s calendar.
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.
Push for tax-free gym memberships
The fitness industry is calling for a major tax change to give health conscious Aussies a helping hand.
‘Traumatic’: ATO’s $15 billion tax surprise
The tax office’s approach to collecting $15 billion in tax debts has been slammed in a new report.
‘Force you’: ATO’s warning to Australia
After three years of “lenient payment terms”, the ATO is back to collecting an estimated $50 billion of outstanding tax debts.
Lehrmann warning in $13m tax scam case
The jury trial of a construction boss accused of defrauding the Australian Taxation Office out of more than $13m has heard a warning about a ‘notorious’ case.
Tax overhaul needed to tackle bracket creep
The days of governments filling the coffers via bracket creep should be a thing of the past, writes taxation specialist Robert Carling.
How Albo will justify broken tax promise
The Prime Minister has confirmed a significant shake-up to Australia’s taxation system, set to get high-income earners off-side.
Another Aussie builder folds owing millions
Home builder Simsai Construction has gone into liquidation after a dispute with the Australian Taxation Office over debts nearing $4.5 million.
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.
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.
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.
Up to 100 homes in limbo as builder falters
The company claims it isn’t going under, despite the tax office issuing a wind up order to claw back creditor funds.
‘State of shock’: Call stuns Sydney socialite
A small business owner from Sydney’s east has emphasised that everything is ‘business as usual’ despite owing almost $900k in debt.
Why Sydney brothel is booming right now
A receptionist from one of Sydney’s leading brothels has revealed business is booming because of cashed-up tax return recipients.
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.
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”.
Drug-fuelled downfall of $105m tax scammer
The “greedy” son of the former deputy commissioner of the Australian Taxation Office has learnt his fate for directing a $105m tax fraud.
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.
High-profile horse trainer’s $1 million tax blow
Scott Brunton’s reign at the top of the Tasmanian training ranks could be over after the Federal Court ordered his business be wound up in the wake of a crushing debt to the Australian Taxation Office.
‘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.
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.
‘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.
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.
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.
‘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.
‘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”.
Warning against lodging tax return early
The ATO is warning that one simple thing could lead to delays in getting this year’s tax refund or even having to redo paperwork to get your return.
Bad news for tax returns this year
It’s almost tax time but there’s some bad news for Australians hoping to get a big return this July.
ATO warns against early tax return
The Australian Taxation Office is warning Aussies not to rush to lodge their tax return in early July as it could cause you problems.
Bank’s grim warning ahead of tax time
One major bank has urged Australians to remain vigilant ahead of tax time, with the bank tracking double the monthly average of ATO scams in one month alone.
How to get your tax refund faster
With tax season just around the corner, many Aussies will be eager to get some extra cash in their pocket this year. Here’s how to speed things up.
Weird items Aussies claiming on tax
From breast implants to sleep apnoea machines, each tax time brings with it bold attempts to get money back on weird and wacky items.
Australia’s richest suburb revealed
New data has revealed where the ten highest-earning suburbs in the country are and the results may surprise you.
‘Criminal’: Tax warning for 2 million Aussies
More than two million Aussies are being given an urgent warning ahead of tax time, as the ATO cracks down on this common $8.4 billion act.
Outrage over 66 millionaires who dodged tax
Australians are demanding to know how 66 people who earned an average of $14.5 million each got away with paying no income tax.
Loophole to save 11 per cent on tax
Historically this tax saver “sucked” and was expensive. But that has all changed and now it’s an opportunity to get one up on your tax return.
Little-known tip to get biggest tax return
Tax accountants have revealed their three biggest hacks while putting in a tax return, with new rules brought in for those working from home.
Influencers targeted in tax crackdown
The Australian Tax Office has issued a warning to social media influencers and those with a side hustle ahead of tax time.
Millions of Aussies to get smaller tax refund
Taxpayers could be in for a shock this tax time, as the Australian Taxation Office taxes aim at dodgy claims in three key areas.
Aussie woman’s jail terror over tax bill
A Queensland worker who has been smashed by the rising cost of living is wondering how she will pay her tax bill and is scared she could end up in big trouble.
Inflation puts shocking pressure on tax time
The biggest losers of the inflation crisis will be turning to one source of funds in the next few months with scary implications for individual finances.
Labor slammed over major tax change
Labor has been criticised for its plans to bring forward a key tax for a major industry in this week’s federal budget.
Gov’s $2.4bn boost for cost of living relief
Major changes to taxation for one industry will bolster the government’s coffers as it seeks to help Australians doing it toughest.
Australia’s astonishing top 10 HECS debts
If you’re worried your single bachelor’s degree is taking longer than expected to pay off, take a look at these poor buggers.
Why you’ll get less back at tax time
More than 10 million Australians will get less back from the tax man this year, but the Treasurer has denied he used Easter as cover for the bad news.
Why ATO whistleblower will face trial
A court has revealed why a whistleblower who revealed intimidation tactics by the tax office will face a criminal trial for speaking out.
Huge blow for ATO whistleblower
The man who blew the whistle on intimidation practices within the Australian Taxation Office has lost a bid to have a criminal trial thrown out.
‘Leave them’: Surprise call on Stage 3 tax cuts
Former Treasury boss Ken Henry says the controversial stage three tax cuts can stay because they aren’t the problem with the tax system.
ATO exec’s daughter guilty of $105m fraud
The daughter of a former Australian Taxation Office deputy commissioner has been found guilty in one of the country’s biggest ever tax frauds.
Aussies urged to claim share of lost fortune
A staggering $16 billion is waiting to be claimed, and people don’t even need to buy a lottery ticket to get their hands on it.
ATO warning on $1 tax rule claims
Many Australians are taking advantage of this common tax deduction but be warned, the tax office has ways to detect over claiming.
Fake ATO worker scams Aussies out of $30k
A Sydney man has learned his fate after scamming vulnerable Aussies out of nearly $30k by pretending to be from the ATO.
Thousands of Aussies to face $13k fine
A major crackdown is under way against Australians who fail to meet an important business obligation, the tax office warns.
$1.5 billion in missing Aussie crypto profit
A potential 300,000 Australians could be about to get a shock when they realise they have to pay out on their huge profits.
One million Aussies face $13k ATO fine
The ATO says the clock is ticking for a million Australians who face a hefty fine, with a key deadline due for the end of the month.
Building company collapses owing $11m
A financial report by liquidators has revealed the crippling financial woes of a major builder, which owes millions of dollars to hundreds of creditors.
Aussies that could soon be $1400 worse off
A proposed change to the way Aussies do their taxes could see some people who work from home could lose out on $1400 a year.
ATO hit by 3 million cyber attacks a month
As Aussie businesses have been hit by a spate of recent hackings, the ATO, which holds data for 14 million people, is dealing with a huge number of attempted attacks.
Socialite keeps mansion in ATO court fight
A socialite and lifestyle blogger has had a major victory in court against the Australian Taxation Office over her $4.5m mansion.
How not to fill out your tax return
Aussies are coughing up millions in fines for submitting shady tax returns, including one tax agent who has been blasted for serious misconduct.
Shock over Australia’s richest postcode
New data has revealed the richest and poorest postcodes across Australia, with one area making a shocking jump in just 12 months.
43,000 tip-offs to ATO for cash cheats
The ATO has revealed it has received a whopping 43,000 tip-offs from the public for “cash in hand” tax cheats and other “shadow economy” activities.
Sneaky tax trick with $3518 reward
There’s an easy way to beat the share market downturn and pay less tax – you just need to do this one thing.
Crazy things Aussies try to claim on tax
Aussies often get creative with their tax returns, but some take it to a new extreme with the ludicrous expenses they claim.
Major changes in Australia start today
The new financial year is here, meaning there are some big changes afoot. Here’s what you need to know about what’s happening.
Why you shouldn’t do your tax return today
With a new financial year upon us, Aussies will be thinking about their tax returns – but the ATO has warned against filing yours straight away.
Fines of $1100 for not filing tax return
If you have avoided lodging your tax return, you could face severe financial penalties or even jail. But you could also be missing out on a tidy sum of cash.
Up to 80% off: Last chance EOFY deals
From tech to home appliances and fashion and beauty, here are the best end of financial year deals.
How much you’ll get from tax return
Millions of Aussies are expected to get some sweet relief in the form of money back on their tax, but you’ll be surprised about where it will be spent.
Bizarre things you can claim on tax
Accountants have revealed the more obscure claims that have worked and the ones that have been rejected at tax time.
How quickly you can get your $2900 refund
Tax time is just around the corner, and many Aussies will be even more eager than usual to get some extra cash in their pocket this year.
ATO warns of new tax crackdown
The Australian Taxation Office has warned one group of Australians will be targeted as tax time approaches.
Millions of Aussies set for huge tax cuts
There are huge tax cuts coming and one group of Australians will be biggest winners. Here’s everything you need to know.
Original URL: https://www.news.com.au/topics/tax-time/page/2