How to get a bigger tax refund this year
Tax time is around the corner, so here are the most important things you can do to slash your tax bill and get a larger refund.
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.
‘Crucial’ tax detail Aussies need to know
Australia’s leading professional accounting body has provided its top tips in the lead up to tax time, including the “crucial” details that Aussies need to know.
High alert for tax time scams
As if tax time isn’t stressful enough, an Aussie banking association has issued a warning over end-of-financial-year cons.
‘Everyone wins’: Surprise company tax call
Labor’s Industry Minister is advocating for a cut in corporate taxes to help companies have the capital to invest in the future.
Top 10 tax deductions most can claim
With the ATO watching closely this tax time, sole traders can rest easy and claim these business expenses this year.
Warning for Aussies ahead of tax time
Two major groups of Aussies are being warned to be vigilant with their tax returns as the Australian Tax Office is set to crack down on common errors.
Pain for no gain: $1.7b stamp duty drop in Victoria
The drawbacks of stamp duty are well documented, but the latest taxation data highlights why the effects of this yoyo tax extend beyond the property market, writes Cameron Kusher.
Tax mistake five million Aussies make
It’s a common tax return mistake that too many Australians make – and it could be costing them thousands.
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.
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.
Original URL: https://www.news.com.au/topics/tax-time/page/2