Tax

Tax

COVID-19 payments to individuals, businesses to be tax-free under law change

COVID-19 support payments received by individuals and businesses are set to be treated as non-assessable non-exempt...

03 August 2021 • By Jotham Lian

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Tax

ATO cracks down on property investors as errors creep up

The ATO has sent a warning to property investors this tax time after it found rental income and deduction errors in...

03 August 2021 • By John Buckley

Tax

Maptek founder accused of $38.5m tax fraud

The 74-year-old Adelaide-based mining tech entrepreneur has been charged with hiding overseas assets over 15 years to...

30 July 2021 • By John Buckley

Tax

COVID-19 disaster payments to be tax-free: Prime Minister Scott Morrison

Prime Minister Scott Morrison has declared that COVID-19 disaster payments will now be tax-free, a policy change that...

30 July 2021 • By Jotham Lian

Tax

ATO urged to reintroduce work-from-home shortcut

As workers across the country are forced to continue working from home, the ATO should reintroduce the...

30 July 2021 • By John Buckley

Tax

$5.3bn in tax refunds begin to flow from the ATO

Over $5.3 billion in tax refunds have now been paid out by the ATO, less than a month into tax time.

29 July 2021 • By Jotham Lian

Tax

Tax agent terminated after neglecting personal tax obligations

A Gosford tax agent has been banned for at least 18 months after failing to comply with numerous personal tax...

28 July 2021 • By Jotham Lian

Tax

Labor U-turns on negative gearing, CGT deductions

After six years, federal Labor has decided to drop policies that look to curb negative gearing and capital gains tax...

27 July 2021 • By John Buckley