How to claim Covid expenses on tax
The Australian Taxation Office has revealed what you can and can’t claim as a Covid expense when you lodge your return.
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.
Tradies set to be smashed by the ATO
The level of debt small business owes to the tax office has got out of hand – and there’s one group they’re coming down on hard.
Trick to making $558k doing nothing
The average Aussie needs a whopping $2.7 million to retire, but there’s a simple way to add $558,000 to your stash without doing any extra work.
Common trick ATO is cracking down on
With tax time fast approaching, the ATO has revealed why Aussies may get less than they were expecting on their return this year.
Sneaky tax tricks ATO is cracking down on
With tax time just around the corner, let’s take a look at some of the weird expenses Australians have attempted to claim on their tax return.
Surprising things you can claim at tax time
Experts have revealed key tips on how you can get the most out of your tax return at the end of the financial year.
ATO warning about $33.5b missing tax
The ATO will be chasing those with outstanding debts much harder in the coming months, with 20,000 Aussies already paying back $4 billion.
Major twist with ScoMo’s ‘absurd’ song
The viral song based on a children’s nursery rhyme and blasted across the Liberal Party’s campaign ads has been given a major revamp.
Four areas ATO is cracking down on
The ATO has outlined the major areas it will be targeting, shooting a specific warning to people who are claiming work from home benefits.
Crypto gains in ATO crosshairs
Crypto assets will be a key focus of the ATO at tax time as the organisation looks to crackdown on the mistakes Aussies are making.
ATO chasing 40,000 Aussies over tax loophole
Tens of thousands of Aussies are set to be targeted by the ATO over a tax return loophole that’s costing $850 million.
‘Biggest tax fraud in Aussie history’: court
The trial of five people who are alleged to have ripped off $105m from the Australian Taxation Office through unpaid taxes and GST has begun.
Tax warning for Aussie crypto owners
Cryptocurrency traders are being warned the ATO will apply extra scrutiny in the upcoming tax season. Here’s what you need to know.
Why you shouldn’t reply to this ATO text
As an important tax deadline nears, cyber criminals are making the most of it to steal money from Australians. This scam went live on Sunday.
Housing affordability a ‘crisis issue’
Extreme housing affordability pressures are “only going to continue” if unaddressed in Tuesday’s budget, with first-home buyers and those facing homelessness on the agenda.
‘Call that uncovered my boss’s deception’
Employees were ripped off more than $82,000 but despite complaints they haven’t seen a cent. Now the company has gone into liquidation.
War of words over Aussie tax hike
Figures show the Morrison Government is collecting more tax than previous governments, but the Treasurer argues there’s a reason for it.
Huge potential payday for backpackers
Thousands of backpackers could be eligible for an unexpected cash bonus after the High Court ruled on an ‘unfair’ tax.
Tax Office boss feels JobKeeper heat
The head of the Australian Taxation Office will be hauled over the coals in relation to businesses who received JobKeeper payments.
Salary you need for extra $2612 tax bonus
The tax brackets have changed which means most Aussies will get a tax boost this year – but a certain group is due a very healthy sum.
‘Secrets not safe’: ATO’s warning to Aussies
The ATO has fired off a warning to Australians hiding money from the authorities saying they will feel ‘serious consequences’.
Trick to score extra $1000 at tax time
Avoiding this shortcut and putting in the extra work could make a huge difference to what you get back. Find out how to do it.
The Aussie families in line for a windfall
Some Australian families will enjoy a silver lining from the pain of being in lockdown, with many in line for a tax windfall.
Tax mistake 600,000 Aussies are making
Aussies are being warned that any creative attempts to claim more money will be caught out and people risk facing penalties.
Case against tycoon 40,000 pages: court
A millionaire mining tech exec who allegedly defrauded the ATO of more than $38.5m has a 40,000 page case against him, a court has heard.
Decision that can cost you at tax time
It’s tax time and many of us will be hoping for a handy tax return windfall. But there can also be a nasty surprise for some.
ATO building, supermarket among latest exposure sites
The list of exposure sites continues to balloon with an Australian Taxation Office site in Moonee Ponds and a Melton West supermarket the latest venues to be deemed high risk.
Tax office warning for property owners
More than 1.8 million Aussies have been put on notice that their tax returns will be scrutinised for incorrect claims.
‘Red flag’ that could trigger tax audit
The ATO has warned 300,000 Aussies that tax time “isn’t a game of Monopoly” where you can roll the dice and avoid reporting income.
Alleged fraudster’s $38m tax rort
An elderly man has been charged after he allegedly defrauded the government of tens of millions of dollars in his income tax returns.
Original URL: https://www.news.com.au/topics/tax-time/page/5