Landlords tipped to claim billions more in tax losses as homes sit vacant
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Negative gearing

Landlords tipped to claim billions more in tax losses as homes sit vacant

Australia's 2 million landlords will miss out on billions of dollars in rental income over the next two years as tenants struggle to pay,with housing market researchers suspecting many more property investors will claim a financial loss.

  • byJennifer Duke

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Work-related expenses:Tax time 2020
1:26
Business

Work-related expenses:Tax time 2020

The ATO's video highlighting important changes to work-related expenses and deductions this tax time.

What can (and can't) you claim on tax if you're working from home?
Explainer
Working from home

What can (and can't) you claim on tax if you're working from home?

Deluxe stationery? The cost of Zoom calls? Depreciation on your dining-table'desk'? What deductions can you claim for working from home during the pandemic?

  • byJessica Irvine
Employers could dock staff pay to claw back incorrect JobKeeper payments
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JobKeeper

Employers could dock staff pay to claw back incorrect JobKeeper payments

Businesses that claim the JobKeeper payment incorrectly would be forced to repay the money and could then claw back the money from their employees.

  • byCaitlin Fitzsimmons
Scrap tax concessions for remote Australians,Productivity Commission says
Federal budget

Scrap tax concessions for remote Australians,Productivity Commission says

The commission says the zonal tax offset should be abolished,while calling for an overhaul of fringe benefits tax arrangements in remote areas.

  • byShane Wright
Plan for tax-deductible childcare ought to be on the table
Childcare

Plan for tax-deductible childcare ought to be on the table

It estimated that there are about 65,000 parents who would like to work,or work more,but are not able to do so due to difficulties affording and accessing suitable childcare.

  • byGeorgina Dent
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'All our eggs in one basket':Tax experts call for major reform
Income tax

'All our eggs in one basket':Tax experts call for major reform

The OECD says Australia is heavily reliant on company and personal income tax.

  • byShane Wright
Doubt grows on tax refund stimulus as Australians shun accountants
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Income tax

Doubt grows on tax refund stimulus as Australians shun accountants

Australians eager to get tax refunds shunning accountants may be leaving money with the tax man

  • byShane Wright andEryk Bagshaw
Holding off could be a good option when investing for your kids
Investment tips

Holding off could be a good option when investing for your kids

Clouds on the horizon raise the risk of buying high and selling low

  • byGeorge Cochrane
Surprising things you may be able to claim as tax deductions
Tax time

Surprising things you may be able to claim as tax deductions

Anything you buy which enables you to earn an income can be claimed.

  • byHelen Baker
Hinch and Wilkie call out'misuse'of MP allowances
Political expenses

Hinch and Wilkie call out'misuse'of MP allowances

Australia's politicians receive 15 times more allowances than the average taxpayer and they claim 12 times as much in tax deductions,ATO data reveals.

  • byPaul Sakkal,Craig Butt andNick Bonyhady