Tax

Tax

‘A temporary stimulus measure’: $1,080 tax offset extended

Up to 10.2 million workers will continue to benefit from a $1,080 tax offset for a further year as the government...

11 May 2021 • By Jotham Lian

more from tax

Tax

Facebook browsing leads to taxpayer’s work-related deduction downfall

Close scrutiny of a Tasmanian man’s internet browsing history has led to him being denied his work-related expense...

11 May 2021 • By Jotham Lian

Tax

FBT is a ‘dying tax’, says mid-tier

A mid-tier firm has called for fringe benefits tax to be scrapped, starting in regional Australia, arguing that the...

11 May 2021 • By Jotham Lian

Tax

ATO debt recovery action can now be paused by the AAT: Josh Frydenberg

Small businesses will now be able to pause ATO debt recovery action through the Administrative Appeals Tribunal as...

10 May 2021 • By Jotham Lian

Tax

‘Too simplistic’: Standardised deductions aren’t a silver bullet

The introduction of a $3,000 standardised deduction would likely effect little change to the way tax returns are...

10 May 2021 • By John Buckley

Tax

ATO signals crackdown on 4 ineligible work-from-home claims

As tax time looms, the ATO has pointed to four key ineligible work-from-home claims it will be watching closely as...

07 May 2021 • By John Buckley

Tax

Expanding self-education deductions a ‘no-brainer’, says IPA

Allowing taxpayers to claim deductions for education and training expenses unrelated to their current jobs will remove...

06 May 2021 • By Jotham Lian

Tax

SMEs call for red tape and tax cuts ahead of federal budget

While most small business owners are optimistic for future trading conditions, many of them believe next week’s...

05 May 2021 • By John Buckley