You need to look for every tax deduction and defer any income you can,and take advice on your particular circumstances so you don’t overdo it.
With the dramatic increase in the value of the family home,the capital gains tax main residence exemption is more important than ever.
The prime minister says he will announce soon a response to a recommended overhaul of HECS as calls come from the crossbench to look at wiping student debt.
The ATO has been pushed to wipe accumulated interest on old debts that people weren’t even aware of,after it issued unexpected letters that distressed many Australians.
An ATO raid on a Brethren-linked company last week has put the spotlight on the immense wealth of the sect’s most influential family.
The ATO is only meeting its performance target for phone waiting times by rejecting some callers early. That is despite the target being lowered this year.
The ATO this week conducted an extraordinary unannounced raid on the politically connected sect known as the Plymouth Brethren Christian Church,which preaches a “hatred” for the world.
A change in the definition of Coffs Harbour will cost NSW millions and other states win or lose on similar technicalities. These are the mysteries of the GST allocation system.
The Tax Office worker is the first person to be prosecuted after a National Anti-Corruption Commission investigation.
The retiring head of the tax office,Chris Jordan,says the organisation needs more powers as criminals attempt to fleece taxpayers and steal their identities.
The head of the Australian Tax Office has admitted that the agency’s systems for “identifying fraud at that scale was not fit for purpose”.