The richest 1% of schools get 36% of the support delivered through tax-deductible donations, a situation the Productivity Commission wanted to end.
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Whether you use a tax agent or do your own, getting your tax return right is important. Mistakes or fraudulent claims may come back to bite you.
The UK government has recently indicated that it could make some surprise tax announcements in coming days.
Tax advisers are more likely to act as “tax exploiters” for wealthy clients but “tax enforcers” for the rest of us.
The Morrison government will ensure COVID tests are tax deductible for workers and exempt from fringe benefits tax for businesses when purchased for work-related purposes.
Taxpayers, including those paying tuition fees with FEE-HELP loans, can claim a deduction for self-education expenses that relate to the work they do. But graduates with a HECS-HELP debt can’t claim.
Some tax deductions for the cost of managing tax affairs exceed $1 million, but high wealth individual\s can write off the expense in other ways.
Claiming for working for home is fraught. It’s safest to claim the running expenses the tax office allows. ‘Occupancy expenses’ are harder to justify and could cost you your capital gains tax discount.
Several countries — namely Austria, Finland, Ireland, Italy, Sweden and Switzerland — have removed tax benefits for charitable donations. Here’s why Canada should follow suit.
Here are five ways the Treasurer could boost revenue to make the numbers work.
Republicans rewriting the tax system have a rare opportunity to fix a major problem: most women-owned companies can’t take advantage of key provisions designed to help small businesses like theirs.
The tax changes Trump and GOP lawmakers propose would reduce charitable giving, research suggests. But letting everyone use a tax break mostly enjoyed by the rich might prevent that.
The bar for achieving that lofty goal was set almost 150 years ago when Congress cut taxes from as high as 10 percent to zero over two years.
The burden of filing our taxes appears to be growing, especially for those who tend to wait until the last minute to fill in their 1040s.
South Africa’s social grant scandal seems to back up highly regarded views on public governance that Public Private Partnerships aren’t naturally efficient.
A federal government inquiry that reportedly threatens the tax-deductibility status of dozens of environmental groups is the latest move towards quieting outspoken green groups, writes Peter Burdon.
Top contributors
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Ann Kayis-Kumar is a Friend of The Conversation.Founding Director of UNSW Tax and Business Advisory Clinic, UNSW Sydney
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Associate Professor, Accounting, UNSW Sydney
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Professor, School of Taxation ＆ Business Law, UNSW Sydney
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Professor of Political Studies, University of Johannesburg
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Executive in Residence, Department of Accounting and Taxation, American University Kogod School of Business
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Associate Professor of Markets, Public Policy and Law, Boston University
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Associate Professor of Economics, University of Manitoba
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Glenn Family Chair Emeritus of Economics and Philanthropic Studies, Indiana University
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Associate Professor, Adelaide Law School, University of Adelaide
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Lecturer in Social Inquiry, La Trobe University
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Law Professor, University of New England
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Senior Lecturer in Accounting, University of Surrey
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Professorial Fellow, University of Canberra
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Associate Professor of Taxation Law, UNSW Sydney
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Assistant Professor of Economics, University of California, Los Angeles
