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Tax evaders are being put on notice as the tax office prepares to get hold of car registration records for about 1.5 million Australians. The Australian Tax Office (ATO) is set to obtain the mammoth haul of registration and vehicle purchase records ... More

Maintaining records goes hand-in-hand with investing - making tax time easier and helping you track your portfolio's performance. When you start out investing, it can seem as though you're being swamped by paperwork. So it's important to ... More

About 24,000 employers admitted to underpaying, or not paying, staff their rightful super recently as a result of the SG amnesty announced by the federal government in May. If you're in a job that pays $450 or more a month (before tax) you should ... More

Were you among the estimated 2.5 million people to withdraw money from your super due to COVID-19? In order to speed up payments the tax office did not screen applications - some people who were not eligible have obtained payment. Now the ATO is tracking ... More

While a lot of Australians are doing it tough in this post COVID-19 world, the ATO is still warning taxpayers they will be ramping up audits for dodgy tax return claims in 2020. Each year the ATO contacts about 2 million taxpayers about their tax returns ... More

People who withdraw money from their super fund without being eligible could face heavy fines, the tax office has warned. The ATO has announced fines of up to $12,000 for anyone making false and misleading statements in order to withdraw $10,000 under ... More

The tax office will receive a barrage of tax claims early in July as people experiencing financial stress try to get refunds as soon as possible. Refunds may be higher this year, thanks to the new working-from-home deductions, and if you've lost ... More

If you're a sharemarket investor it's important to include returns from shares in your annual tax return. Shares can deliver two types of returns - ongoing dividends, plus capital gains when you sell shares for a profit. These are each recorded ... More

There's often a fine line between a legitimate work-related tax deduction and something that is primarily for personal use, and knowing the difference is important at tax time. Radio hosts who are expected to be familiar with news and what people ... More

With millions of us taking a financial hit from COVID-19, there's never been a more important time to get your taxes right. Tax time 2020 is looming: here's what you need to know to get the best outcome from this year's return. If you lost your job ... More