Tax

Tax

New scheme announced for first home buyers

Prime Minister Scott Morrison has announced a low-deposit scheme for first home buyers in the lead-up to this...

13 May 2019 • By Katarina Taurian

more from tax

Tax

Labor’s 30% trust tax to raise $7.7bn

Labor’s plans to introduce a 30 per cent tax on discretionary trust distributions to adults will rake in $7.7 billion...

09 May 2019 • By Jotham Lian

Tax

Public’s audit perception in stark contrast to regulator concerns

Less than one in five Australians support the idea of an audit-only firm despite global and local concerns over audit...

09 May 2019 • By Jotham Lian

Tax

Review of the income tax residency rules for individuals

Promoted by PwC.Will the Board of Taxation’s recent review result in reform to Australia’s individual income tax...

09 May 2019 • By Glen Frost, PwC

Tax

Deduction label changes coming to better break down tax agent costs

Greater clarity over the breakdown of the cost of managing tax affairs will soon be available as the Tax Office...

09 May 2019 • By Jotham Lian

Tax

Negative gearing, CGT battle rages on from Liberal heavyweights

The Treasurer and Assistant Minister for Treasury and Finance again blasted the Labor Party’s negative gearing and CGT...

09 May 2019 • By Katarina Taurian

Tax

Labor reveals new figures in controversial managing tax affairs cap

Labor has revised its figures in its proposal to cap the cost of managing tax affairs, believing it will raise $1.6...

08 May 2019 • By Jotham Lian

Tax

ATO set to launch tax record application system

Tax agents will soon be able to apply for a statement of tax record on behalf of their clients bidding for government...

08 May 2019 • By Jotham Lian