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Aussie workers and their employers could be in line for a cash windfall, but whether they get it will depend on the Australian Taxation Office (ATO) making a discretionary call about business registration. To be eligible for JobKeeper payments, businesses ... More

More Aussies than ever have been working from home because of coronavirus lockdowns, so what does this mean at tax time? And how can you score a bigger tax refund? If you work from home, you can claim a tax deduction for the work-related proportions ... More

Picture a tax system where everyone is entitled to a $3000 standard deduction, free of the rigmarole of deductions such as investment expenses, charitable giving, and interest on negatively geared property. That's what has been proposed by a report ... More

If you are a property investor and have sold or are selling your investment property at a profit, then you're likely interested in any tax exemptions and concessions that could help you pay less in capital gains tax. One of the most beneficial exemptions ... More

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