Tax time
Opinion
Income tax
Think twice this tax time - the Tax Office has AI watching
If you’re someone who has historically been lax with record keeping, you can expect an audit from the Tax Office’s new AI-powered systems.
- by Victoria Devine
Latest
How to ditch the tax time blues and maximise your return
Tax time can be a painful process, and many people put off filing their tax return. Here are some tips to make it easier and get more back.
- by Dominic Powell
The fibro shack with a backyard dunny that’s worth more than $2 million
Long-time owners of traditional beach shacks are facing hefty land tax bills because nostalgic Sydneysiders with cash to burn have pushed up property prices.
- by Catherine Naylor
The dodgy tax deductions landlords are being warned not to claim
Taxpayers spend billions every year on deductions for property investors, and the Australian Tax Office has some questionable claims in its sights this tax time.
- by Tawar Razaghi
The best home tech for your buck this tax time
From TVs and headphones to smart home gadgets, here are our top picks if you’re planning a splurge with your tax refund this year.
- by Tim Biggs
Opinion
Superannuation
The tax trick everyone earning more than $45,000 needs to know
As the end of the financial year approaches, it’s time for everyone, particularly those earning more than $45,000 a year, to have a good look at the tax savings available on money funnelled into superannuation.
- by Jessica Irvine
Analysis
Analysis
Crypto, NFTs in crosshairs as ATO cracks down on digital economy
The ATO has released its tax time hit-list for this financial year, and work-related expenses and cryptocurrency profits are in the firing line.
- by John Collett
Missing millions: Tax gap jumped to $33.5 billion ahead of pandemic
The ATO estimates nearly $34 billion worth of tax was not paid in the year before the pandemic hit, with small businesses responsible for the majority.
- by Jennifer Duke
Opinion
Working from home
Why 2020-21 could provide your biggest tax refund yet
Unprecedented working-from-home tax deductions plus tax cuts offered by the federal government mean more than half of taxpayers can expect their biggest tax refund this year.
- by Joel Gibson
Bumper tax refunds spark rush to lodge returns
Taxpayers have rushed to lodge their tax returns with the ATO early in anticipation of bumper refunds to help provide relief from dwindling savings during the COVID-19 crisis.
- by John Collett
Income summary change could delay refunds
Smaller employers will join larger companies this year in not providing income summaries to their employees. Instead, they will go directly to the ATO.
- by John Collett
Original URL: https://www.smh.com.au/topic/tax-time-1n2m