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Company tax

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Opposition Leader Peter Dutton in the first question time of the year.

Dutton expected to go on the attack. Instead, Chalmers had him for lunch

The House of Representatives has hosted debates about many hefty issues over the years. This wasn’t one of them.

  • Matthew Knott

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Shadow treasurer Angus Taylor and Treasurer Jim Chalmers in question time on Tuesday.

Free business lunch fight devolves into business battle

A Coalition plan to give businesses a free lunch has turned into a battle over the cost to the budget and whether small businesses are growing in number.

  • Shane Wright and Millie Muroi
The Business Council of Australia wants a Trump-style war on red tape in Australia.

Axe the red tape: Big business presses for Trump-like attack on regulation

Heads of some of the nation’s biggest companies are pressing both major parties to take a leaf out of the Trump administration by cutting red tape.

  • Shane Wright
Good Ways salad sandwich

The $1.6b sandwich: Labor calculates bill for Dutton’s free-lunch pledge

The Coalition has yet to reveal the cost of its plan to allow small businesses to claim a tax deduction on work lunches. Labor says it will bust the budget.

  • Shane Wright and Millie Muroi
The federal budget is improving from where Jim Chalmers had expected, but it is still on track to end up in the red.

Extra tax boosts bottom line, but spending leaves budget in the red

Jim Chalmers, after back-to-back surpluses, forecast a $26.9 billion deficit this year. Despite better tax collections, the budget is still awash with red ink.

  • Shane Wright
Apple's weak sales figures this week scared investors.

The global giants costing Australia billions of dollars hit with a reality check

They may not be breaking the law, but the taxes multinationals pay are not proportional to the profits they are raking in. That’s something laws passed earlier this week seek to change.

  • Millie Muroi
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A crackdown on the tax arrangements of oil and gas companies has delivered the federal budget a $4.3 billion windfall.

Crackdown on oil and gas giants delivers nation billions in extra tax

A long-term effort by the ATO to get more tax out of the oil and gas sectors has paid dividends that are likely to deliver billions of dollars in extra revenue.

  • Shane Wright
Australia’s gambling and poker machine companies are big beneficiaries of R&D tax credits.

‘Problematic’ gambling company tax breaks on Chalmers’ radar

Treasurer Jim Chalmers has indicated the government will tighten its focus on gambling companies’ use of R&D tax credits, which can total tens of millions.

  • Millie Muroi
John Poulakis and Ross Poulakis in London in 2014.

‘Where are the garments?’: High-end boutique Harrolds took deposits weeks before $16 million collapse

The Australian luxury retailer owes more than $16 million to a string of fashion houses from Paris to New York, but was still importing stock and taking deposits just weeks before its collapse.

  • Cameron Houston
Mike Cannon Brookes at Director conference at AICD Climate Governance Forum, at Sydney Hilton Hotel on Aug 11, 2023. Photo: Flavio Brancaleone / AFR

The hundreds of millions in tax incentives for Australian start-ups that went south

The R&D tax offset has served as a life raft for some of Australia’s most prominent technology start-ups, though in some cases it wasn’t enough.

  • David Swan

Original URL: https://www.watoday.com.au/topic/company-tax-5vy