Tax deductions
Analysis
Analysis
Why sorting your tax early this year is more important than ever
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.
- by Julia Hartman
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
Analysis
Income tax
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
Exclusive
Property investment
MPs’ ‘stunning’ property portfolios fuel crossbench calls for negative gearing changes
About two-thirds of federal parliamentarians own two or more properties, an analysis of the declared interests shows.
- by Lisa Visentin, Rachel Clun and Olivia Ireland
Meet the young Australians using their inheritance to save the planet
What would you do if you had millions of dollars in family wealth at your disposal? The answer for some is obvious: tackle the climate crisis.
- by Caitlin Fitzsimmons
Opinion
Electric vehicles
Business won’t switch to EVs while tax lurks for guzzlers are so generous
Take it from an accountant: taxpayers give too much help to ute and 4WD buyers to tempt small businesses to convert to electric vehicles.
- by Denise Mills
Gambling tax concessions for clubs to crack $1 billion
The Productivity Commission warned more than a decade ago the community was not getting value for money from concessions for clubs, but the money keeps flowing.
- by Harriet Alexander
The $50m idea that could save renters up to $1594 a year on energy bills
Independent MPs have proposed a small tax concession for landlords that could slash renters’ energy bills and cut greenhouse gas emissions.
- by Shane Wright
Analysis
Income tax
‘Hunt for deductions’ as tax refunds will be smaller this year
Taxpayers are urged to find every legitimate deduction they can before lodging tax returns this year.
- by John Collett
Analysis
Superannuation
The little-known tax breaks that could boost your super
With a bit of planning many people could afford to contribute more to super and collect tax breaks.
- by John Collett
Tax Office to crack down on landlords, capital gains, work-related tax deductions
Landlords are in the Tax Office’s sights in 2023-24 after a review found nearly nine out of 10 landlords are incorrectly claiming expenses.
- by James Massola