If you earn less than $60,000, you may be eligible for free tax help. But there is more we could do to help everyone – including struggling sole traders or small businesses – get the advice they need.
Most Australians pay tax agents because they see it as easier and a way to maximise tax refunds. Yet our survey found most people who have used the myTax site found it easy, and plan to use it again.
Up to one in five Australian adults owns cryptocurrency. A tax expert (and crypto owner) explains what you need to know about claiming losses on your tax return, and a possible discount on your gains.
Kerrie Sadiq, Queensland University of Technology dan Richard Krever, The University of Western Australia
Rather than ending the race to bottom from international profit shifting, the Australian government’s proposed 15% tax rate is likely to entrench it. Here’s why.
On Q&A, Australian Chamber of Commerce and Industry chief executive James Pearson said almost 60% of small business owners in Australia are paid $50,000 or less. Is that right?
In a speech to the National Press Club in Canberra, ACTU Secretary Sally McManus said 679 of Australia’s biggest corporations pay “not one cent of tax”. Is that right?
Katter’s Australian Party federal MP Bob Katter said 30% of the Northern Territory’s farmland and 22% of Tasmania’s farmland is foreign-owned. Is that true?
The Henry Tax Review identified 125 taxes within Australia levied by all levels of government. Of those 125 taxes, just 10 taxes raised 90% of all tax revenue. The company tax is the second largest source…
Prime Minister Tony Abbott has announced long-promised changes to the rules for foreign land purchases and ownership in Australia. There are two key changes. First, the Foreign Investment Review Board…
Ben Kraal, Queensland University of Technology dan David Dean, Queensland University of Technology
You may have read reports that the Australian Tax Office (ATO) has introduced voiceprint technology which aims to do away with cumbersome identity-verification processes on the telephone. When you phone…
It’s been about five years since bitcoin emerged online, claiming to be the world’s first digital cryptocurrency. Bitcoin functions as a form of digital cash; really, it is a technology, using cryptography…
The Australian Taxation Office continues its campaign to track down the offshore bank accounts of wealthy Australians, amid a global effort to improve tax transparency. One option the ATO has in its kit…