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Tax deductions

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All-Stars cricket promoter says Warnie’s death left him helpless as businesses went under

All-Stars cricket promoter says Warnie’s death left him helpless as businesses went under

Professional poker player Raj Ramakrishnan once rubbed shoulders with cricket’s elite but now faces allegations he engaged in tax fraud and owes the ATO $14 million.

  • by Sarah Danckert

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This tax time, it pays to remember my ‘guaranteed’ secret for wealth
Opinion
Budgeting

This tax time, it pays to remember my ‘guaranteed’ secret for wealth

In a few weeks, everybody will have a fatter pay packet because the tax rates are changing. Smart money managers will put the extra to good use.

  • by Noel Whittaker
Think twice this tax time - the Tax Office has AI watching
Opinion
Income tax

Think twice this tax time - the Tax Office has AI watching

If you’re someone who has historically been lax with record keeping, you can expect an audit from the Tax Office’s new AI-powered systems.

  • by Victoria Devine
The single move that will cut $540 from your tax bill
Opinion
Opinion

The single move that will cut $540 from your tax bill

Finding extra money today may be a big stretch. But if you can redeploy any, the financial advantage could work out well worth it.

  • by Nicole Pedersen-McKinnon
Why sorting your tax early this year is more important than ever
Analysis
Analysis

Why sorting your tax early this year is more important than ever

You need to look for every tax deduction and defer any income you can, and take advice on your particular circumstances so you don’t overdo it.

  • by Julia Hartman
Nine out of 10 landlords are getting their income tax returns wrong, and the ATO is watching

Nine out of 10 landlords are getting their income tax returns wrong, and the ATO is watching

Dodgy landlords making inflated claims for repairs and maintenance on their rental properties are firmly in the Australian Tax Office’s sights.

  • by Rachel Clun
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Easy-to-miss deductions that could reduce your tax this year
Analysis
Income tax

Easy-to-miss deductions that could reduce your tax this year

Work-related handbags, briefcases and sunscreen are just some of the tax deductions that can be overlooked.

  • by John Collett
MPs’ ‘stunning’ property portfolios fuel crossbench calls for negative gearing changes

MPs’ ‘stunning’ property portfolios fuel crossbench calls for negative gearing changes

About two-thirds of federal parliamentarians own two or more properties, an analysis of the declared interests shows.

  • by Lisa Visentin, Rachel Clun and Olivia Ireland
Meet the young Australians using their inheritance to save the planet

Meet the young Australians using their inheritance to save the planet

What would you do if you had millions of dollars in family wealth at your disposal? The answer for some is obvious: tackle the climate crisis.

  • by Caitlin Fitzsimmons
Business won’t switch to EVs while tax lurks for guzzlers are so generous

Business won’t switch to EVs while tax lurks for guzzlers are so generous

Take it from an accountant: taxpayers give too much help to ute and 4WD buyers to tempt small businesses to convert to electric vehicles.

  • by Denise Mills
Gambling tax concessions for clubs to crack $1 billion

Gambling tax concessions for clubs to crack $1 billion

The Productivity Commission warned more than a decade ago the community was not getting value for money from concessions for clubs, but the money keeps flowing.

  • by Harriet Alexander