Tax

Tax

CGT, negative gearing reform could save $60bn, analysis finds

Modelling for proposals to dial back property tax concessions finds billions could be freed up every year to address...

24 April 2024 • By Christine Chen

more from tax

Tax

ATO explores ‘digitised guidance’ to combat Division 7A issues

Embedding ATO advice and guidance into software solutions will detect and correct errors with Division 7A ahead of...

18 April 2024 • By Miranda Brownlee

Tax

Tax expert pushes for permanent change with instant asset write-off threshold

Amendments before Parliament will see a more significant increase to the instant asset write-off threshold but for a...

16 April 2024 • By Miranda Brownlee

Tax

Broking associations hit back at payroll tax decision

The outcome of a payroll tax case by the Supreme Court of NSW sets a “dangerous precedent” and is based on “flawed”...

16 April 2024 • By Annie Kane

Tax

ATO flags trust administration changes ahead of 1 July

The ATO has provided details on tax return changes for the 2023–24 year as part of the modernising trust...

15 April 2024 • By Miranda Brownlee

Tax

ATO issues response on NALI decision by AAT

A recent tribunal decision regarding non-arm’s length income is unlikely to apply to private lending arrangements more...

12 April 2024 • By Miranda Brownlee

Tax

Common tax traps for residential rental properties

Getting claims right is more important than ever with the ATO’s increased focus on residential rental properties.

11 April 2024 • By Robyn Jacobson, The Tax Institute

Tax

Cost of tax debt ‘to soar in 2025’, CA ANZ warns

Changes to the deductibility of the general interest charge and shortfall interest charge may see the ATO holding a...

11 April 2024 • By Miranda Brownlee