The Australian Taxation Office is using some of the simplest checks to catch out tax cheats and you’ll be surprised how easy it is to nab those doing the wrong thing.
Errors on your 2020 tax return – either accidental or deliberate – can result in painful consequences. This is what Aussies must do to avoid a stressful audit.
Australians are at risk of hurting their tax refund and slowing down the claim process if they fail to check these key things.
Hasty Australians have rushed to file their tax returns and people are getting more cash back in their own pockets.
Two WA areas feature in the top 10 nationally that will likely benefit the most from the tax cuts as record numbers lodge their tax returns.
Australians are racing to file their tax returns, with some eligible for the Low and Middle Income Tax Offset worth up to $1080. Here’s who can get it.
The ATO argues that Alcoa of Australia underpriced its alumina sales over a 20-year period to Aluminium Bahrain B.S.C, one of the largest aluminium smelters in the world.
Whether it’s from work, savings or investments, Australians’ incomes have been squeezed, but now is a great time to rekindle some cash growth. Here’s how.
Stamp duty on homes is “unfair and damaging” to the economy, according to a new report that calls for it to be axed and replaced by a broader annual tax.
They’re sneaky, they’re aggressive, and they’re coming for you and your bank account. Here’s how to avoid getting caught out by tax scammers.
Cash-strapped Australians have rushed to access their retirement savings early during the pandemic but it has been argued this should have never been allowed in the first place.
Just 0.2 per cent of $100 million made available to help commercial landlords during COVID-19 has been spent by the State Government.
The Australian Tax Office website has failed just minutes into the new financial year as taxpayers rush to lodge returns.
The financial year ends on Tuesday, so there’s no time to waste if you want to book bigger tax deductions or make other money moves.
While many savvy retailers are great at tricking people into spending money at this time of year purely to get a tax deduction, there are genuine ways to spend for a better tax refund.
Millions of workers are claiming extra home office tax deductions this year, many for the first time, so it’s worth knowing what strategy will give you the biggest refund.
JobKeeper payments are being dished out to more than three million workers, sole traders and other business owners, so it’s worth knowing what it will mean for tax returns this year.
Anthony Keane, Sophie Elsworth
Bigger tax refunds are just weeks away for millions of Australians who have been working remotely during the coronavirus pandemic. Here’s what you can claim and what you can’t.
Three years after the party’s former leader Brendon Grylls went to war with the mining industry, the party has finally rescinded the unpopular policy.
With the end of financial year around the corner our finance guru says now is the time to examine working from home costs to claim COVID-19-related entitlements. LISTEN LIVE AT 8.45AM
June 30 is approaching fast and requires fresh thinking by sole traders and other small businesses that make up the majority of our economy. But their effort may pay off handsomely.
The tax office has already received thousands of tip-offs relating to the scheme to its confidential tip-off hotline for fraud or dodgy behaviour.
WA business owners say the Federal Government’s move to extend the instant asset write-off scheme will not have the impact expected.
Businesses will be able to instantly deduct assets of up to $150,000 from their tax for another six months in an extension of the write-off scheme to help keep companies afloat.
Lanai Scarr and Annabel Hennessy
© West Australian Newspapers Limited 2020