People who withdraw money from their super fund without being eligible could be fined up to $12,000, the tax office has warned.
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Businesses which use rideshare services will no longer be hit with fringe benefits tax, having been granted an exemption previously reserved for taxis.
Minimum wage is up, some car registration fees are down, open banking is here, and free childcare is out. Welcome to July 1.
Every dollar counts right now so don't be afraid to fight for what you're entitled to when it comes to your deductions, says tax expert Adrian Raftery.
Traders can claim tax deductions for research, running a home office, and seeing a tax agent. Here's what you need to know.
If you've borrowed money to buy shares, here's how you can save by paying the loan interest upfront.
If you invest in shares, it's important to include these returns at tax time. Here's what the ATO needs to know about your dividend income and capital gains.
If you aren't under financial stress from COVID-19 and can afford to top up your super, here's what to do by June 30 to get the most out of your money.
So you've bought hand sanitiser and face masks to protect yourself from coronavirus at work, but can you claim them on tax?
Here's how much you'll have to top up your super each week to catch up if you withdraw $10,000 from your fund to make ends meet during COVID-19.
