Online shopping is about to become less affordable, with all Australian purchases from overseas including Amazon to be whacked with 10% GST from July 1.
With the cost of petrol these days, anything you can do to reduce the cost of motoring is welcome. Here's how to claim your car usage on your tax return.
The $20,000 asset write-off scheme for small businesses is set to end on June 30, so you have just three months to nab a tax bargain on a new or used vehicle.
The tax office has taken to monitoring social media to find out who is going on holidays and who is paying a child's school fees as it tightens the net on seemingly wealthy Aussies who then cry poor at tax time.
Many Aussies are dying with large super balances because they are spending frugally in retirement so they can pass on as much as possible to their children.
Other state governments, in particular NSW, will be watching Victoria closely to see whether this initiative will have the reverse effect by increasing demand for housing when supply simply can't keep pace.
Forget stamp duty concessions for first-home buyers. The answer to the housing affordability issue could be a tax break for empty nesters aged over 70.
Airbnb has been one of the success stories of the sharing economy, but it poses a challenge when it comes to tax obligations. Here's what you need to know.
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