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.
It’s time to seriously rethink giving tax breaks for charitable donations, since ultimately taxpayers foot the bill for the deductions anyway.
Several countries — namely Austria, Finland, Ireland, Italy, Sweden and Switzerland — have removed tax benefits for charitable donations. Here's why Canada should follow suit.
The government should remove age based tax breaks to boost budget revenue.
Here are five ways the Treasurer could boost revenue to make the numbers work.
Attendees chat during Dell Women’s Entrepreneur Network conference in 2014.
Jack Plunkett/AP Images for Dell
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 number of Americans who can get a tax break through their charitable contributions could tumble during the Trump administration.
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.
Treasury Secretary Steven Mnuchin offers details of his boss’ proposed tax cut. ‘It’s big.’
Carolyn Kaster/AP Photo
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.
So many forms, so little time.
Brennan Linsley/AP Photo
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 Africans waiting in line to register for social grants.
South Africa's social grant scandal seems to back up highly regarded views on public governance that Public Private Partnerships aren’t naturally efficient.
Friends of the Earth is among the environmental groups that have been criticised in some quarters as ‘anti-jobs’.
Friends of the Earth/AAP Image
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.