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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.

Tax
A man handing out Australian dollar bills. A picture that describes buying, paying, handing out money, or showing money.

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.

Costs
Australian health insurance company logos.  Picture: Hollie Adams/The Australian; Supplied

Costly July 1 deadline looming

More than 380,000 Aussies have just a few hours to buy insurance before being subjected to a loading system that can end up costing thousands.

Tax
Young female reading documents, using calculator and laptop in the kitchen at home

July 1 tax mistake we all make

Experts are “bracing for an onslaught” but if you’re one of the millions of Aussies frantic for a tax refund, there’s something you should know.

Tax
ha aja aja aja aja aj

Messages expose worrying new scam

Aussies are being hit with seemingly legitimate texts from the “ATO”, but the tax office says they point to a disturbing new type of scam.

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.

Original URL: https://www.news.com.au/topics/tax-time/page/8