Income tax
Households bank on tax cuts and anti-inflation budget plans
Tax cuts, worth on average $1888, and a further round of cost-of-living measures will be at the heart of Jim Chalmers’ third budget.
- by Shane Wright
Latest
Nine out of 10 landlords are getting their income tax returns wrong, and the ATO is watching
Dodgy landlords making inflated claims for repairs and maintenance on their rental properties are firmly in the Australian Tax Office’s sights.
- by Rachel Clun
Australians flattened by biggest tax increase in world
Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the developed world as inflation surged, OECD data shows.
- by Shane Wright
Price pressures to ease but Australians hit by record tax take
Inflation is forecast to have fallen to its lowest level since 2021 as price pressures ease across the economy, but taxes are now weighing on Australians.
- by Shane Wright
Analysis
Analysis
Easy-to-miss deductions that could reduce your tax this year
Work-related handbags, briefcases and sunscreen are just some of the tax deductions that can be overlooked.
- by John Collett
‘Fair thing to do’: ATO commissioner urged to wipe interest on ‘robotax’ 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.
- by Jessica Yun
Exclusive
ATO
Tax Office rejects one in four calls to fudge waiting time figures
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.
- by Sean Parnell
The expert case for the government to go beyond stage 3 tax cuts
The stage 3 tax cuts start on July 1, but experts say Treasurer Jim Chalmers should go further to protect workers from bracket creep.
- by Shane Wright
Analysis
Capital gains tax
How you could save tax by selling your investments after June 30
Investors could save on capital gains tax by selling after June 30, when the stage three tax cuts are slated to start.
- by John Collett
Analysis
PwC tax scandal
The high price of PwC’s failed redemption story
Consulting firm PwC remains a pariah as the tax leak scandal continues to bite.
- by Colin Kruger
PwC slashes 329 more staff, up to 37 partners face early retirement
The embattled consulting firm is cutting staff levels again as its business continues to face fallout from the tax leaks scandal.
- by Colin Kruger