Who will get $1080 tax time bonus
People earning over $126,000 can “manipulate” the system to become eligible for the tax break, while low income earners face missing out.
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.
What the ATO is targeting this tax year
An expert has revealed what the ATO will be looking out for on your tax return this year – and there’s a warning for those who like to get sorted early.
Huge tax hit for Aussies on less than $126k
Ten million Aussie workers are set to take home less pay as tax cuts come to an end, with women among some of the hardest hit.
Four jobs that can cash in at tax time
People working in four industries could be missing out on thousands by failing to make these claims when they lodge their tax return.
Nasty surprise coming in tax returns
A hidden tax detail is set to catch many households unaware and drive up the cost of a common bill for millions of Australians.
Sydney suburbs missing out on cash windfall
There’s whopping amount of unclaimed super that you could get your hands on before Christmas. And one postcode is owed a fortune.
50 Cent’s stunning Trump backflip
The rapper threw his support behind the President – but now, he has back-pedalled spectacularly, claiming he “never liked” Donald Trump.
Will you save or spend your money?
The wealthy will get the most back when tax cuts are introduced. But the massive bonus for the rich has led to a surprise reaction.
Tax cuts that ‘may never happen’
Millions of Aussies are celebrating new tax cuts headed their way. But there’s another range of cuts that may never see the light of day.
Work out how much you get from Budget
Treasurer Josh Frydenberg has handed down a Budget that includes a staggering amount of spending. Find out how much you’ll get.
Big losers in the Budget revealed
The COVID Budget has landed. These are the Australians who are better off as a result and the ones who may not be smiling.
One huge catch with your tax cut
Treasurer Josh Frydenberg has promised workers extra cash in their pay packets from this month, but the vast majority will be forced to wait.
The Budget explained in five minutes
There’s plenty of good news for many Australians in the Budget including tax cuts and other incentives. Here’s what’s in it for you.
How to get your backdated tax cut
A huge number of Aussies will immediately begin paying less tax very soon. Here’s how you’ll get your backdated savings – and when.
The Aussies snubbed by $4b plan
The federal government has unveiled an ambitious new $4 billion plan to help Australians get a job – but not everyone will benefit.
Hint on when you can travel overseas
The Budget has provided a hint on when international travel will recommence, with a big change in our tourism industry.
‘No benefit’: Tax cuts for the rich slammed
Wealthy Aussies will have their pockets lined even further under the new Budget, while those out of work have been left out in the cold.
How much you’ll get back in tax cuts
More than 11 million Australians will get a tax cut this year – and it’ll be backdated, meaning your tax-home pay will increase within weeks.
Tax cuts for millions ‘within weeks’
More than 11 million Australians will get tax cuts as part of the Budget, with the money to be in pay packets by the end of the month.
Read Josh Frydenberg’s full budget speech
Treasurer Josh Frydenberg has handed down the 2020 Federal budget, revealing tax cuts and spending on jobs and infrastructure.
Massive mullet boast that’s backfired
Josh Frydenberg used to crack a joke about his infamous mullet as a way of attacking Labor. Tonight, the Treasurer isn’t laughing.
Aussies to get bonus $500 handout
Welfare recipients will soon score a surprise gift from the government, with two $250 payments hitting bank accounts within months.
Big problem with this Budget graph
The government says Australia will dig its way out of a record $214 billion budget hole – but it’s basing that prediction on a huge assumption.
Tax win for Aussies working from home
It will be easier for Australians working from home to make a tax claim, but experts fear the system might leave workers short changed.
JobKeeper crackdown busts thousands
The ATO has gone after Aussies rorting the wage subsidy scheme after receiving 9000 tip-offs from the public, clawing back $75 million so far.
Women screwed by new tax plan
Male workers will get double the tax cut cash that women will get under a new plan to bring forward tax relief in the wake of the pandemic.
Virus pandemic sparks new tax warning
Huge tax increases and the introduction of new taxes could be on the cards as global governments reel from the coronavirus pandemic.
How much you will save from tax cuts
The vast majority of Aussies will save $1080 through the tax changes but this quickly climbs to $2565 depending on your income.
Taxpayers stung by common ATO trap
The tax office has announced a new plan to catch rule-breakers – and while some might be “disgruntled”, it’s a move straight out of the ATO playbook.
ATO’s tough new crackdown
The tax office has issued a brand new warning to Aussies – and if you’ve done the wrong thing, you can expect to soon pay dearly.
Original URL: https://www.news.com.au/topics/tax-time/page/7