Income tax
Opinion
ATO
Despite what we’re led to believe, tax cuts are no free lunch
Politicians like to peddle illusions when it comes to tax and tax cuts. Meanwhile, we play our role by deluding ourselves.
- by Ross Gittins
Latest
How four Australians are going to spend their tax cuts
People on different tax brackets tell us how they will spend their stage 3 cuts.
- by Olivia Ireland, Lachlan Abbott and Jessica McSweeney
Interactive
For subscribers
Stage 3 tax cuts calculator: See how much money you’ll get back
The stage 3 tax cuts take effect today. Here’s how much you’ll get back.
Exclusive
Tax cuts
Value of stage 3 tax cuts will be gone soon after next election
Australians will start to see their pay packets improve from Monday as the stage 3 cuts begin, but more tax cuts are needed to stop tax rates climbing higher.
- by Shane Wright
Analysis
Australian economy
Sugar hit from stage 3, but the country needs a tax reform diet
From July, $23 billion will flow to hard-pressed Australians as the stage 3 tax cuts begin. But they’re a long way from solving the nation’s biggest tax issues.
- by Shane Wright
Third-largest budget surplus soon to turn into a sea of red ink
Lower spending has helped the budget show the third-largest surplus on record. But it is likely the nation’s finances will shift from the black into the red.
- by Shane Wright
A budget forever in the red: Beating bracket creep will cost billions
Without big spending cuts or tax increases, the budget faces “forever” deficits if governments try to deliver further tax cuts to working Australians.
- by Shane Wright
Opinion
Charity
I’m being generous this EOFY, but the taxman is not
We’re less generous than we used to be. Could that be because the taxman is hassling us about our benevolence?
- by Ross Gittins
Opinion
Inheritance
Mum jokes I won’t be left an inheritance. I might not mind
Would you rather keep paying high taxes on your income, or more tax when you die?
- by Millie Muroi
Opinion
US Votes 2024
Weird Trump idea would shut America off from the world
Donald Trump floated a truly bizarre plan during a private meeting in Washington last week.
- by Stephen Bartholomeusz
Analysis
Analysis
How landlords can avoid the ATO’s tax traps this financial year
The tax office is keeping expenditure on rental properties under the microscope. Here’s how to avoid being tripped up.
- by Noel Whittaker
Original URL: https://www.smh.com.au/topic/income-tax-5yk