NewsBite

Advertisement
Helping your kids buy a home? Don’t fall victim to this tax trap

Helping your kids buy a home? Don’t fall victim to this tax trap

Many young home-owners-to-be will still need to rely on the bank of mum and dad. But there are implications for parents if they choose this path.

  • by Julia Hartman

Latest

Do I have to pay tax on my redundancy payout?

Do I have to pay tax on my redundancy payout?

If you are being paid out unused annual leave as part of your redundancy, you’ll have to pay tax. But there are ways to reduce how much you pay.

  • by Noel Whittaker
Sydney’s Fayad family, a $3b trail of debt and their new plan to avoid creditors
Exclusive
Tax avoidance

Sydney’s Fayad family, a $3b trail of debt and their new plan to avoid creditors

Controversial property developer Sam Fayad has attained the unfortunate record of what is believed to be the largest bankruptcy in Australian history.

  • by Kate McClymont
Travel for work? Your tax time may have just gotten easier
Analysis
Income tax

Travel for work? Your tax time may have just gotten easier

A new decision by the Administrative Appeals Tribunal has eased the burden on those claiming travel allowances on their tax returns.

  • by Julia Hartman

Original URL: https://www.theage.com.au/money/tax