Today
- Opinion
- Chanticleer
AirTrunk’s $20b auction the first big test of tax changes
The heat around the Macquarie-backed data centre group has so far papered over the questions raised by two tax changes – one legislated, one prospective.
- Anthony Macdonald
July
The $1m investment that will give you warm fuzzies and a tax deduction
These funds are the vehicle chosen by many wealthy families – this is how they work.
- Michael Hutton
Zinc miner’s $30m deductions claim sinks in royalties stoush
Queensland Supreme Court rejects attempts to claim expenses for managing a transport vessel – before a management agreement started.
- Liam Walsh
June
Can I do anything to maximise my tax return this close to June 30?
Though the end of the financial year is just days away, there are still some last-minute ways small businesses can reduce their tax liabilities.
- Penny Wise
Eight ways high earners can maximise their tax returns
The key message this tax time is to bring deductions forward and push income back.
- Michelle Bowes
Future Made in Australia to rely on corporate intel
Development of Labor’s manufacturing agenda will rely on closely held intelligence from private companies about their capabilities and weaknesses.
- Updated
- Tom McIlroy
High Court rejects tax break for Dubai ruler’s horse stud
The High Court has ruled that racing and breeding giant Godolphin cannot claim a tax exemption for rural land.
- Updated
- Michael Pelly
May
Turbocharge business investment tax break, Labor urged
Small business says Labor’s investment tax break is not ambitious enough to boost growth in the economy.
- Tom McIlroy
The taxman has a warning for property investors this year
As many as nine out of 10 landlords make mistakes or illegitimately claim extra rental deductions as part of their annual tax return.
- Tom McIlroy
March
UK’s new tax slug could force expat Aussies home
Australians living in the UK for more than four years will lose the benefits of negative gearing and franking credits on their property and shares.
- Updated
- Hans van Leeuwen
SingTel slugged in $895m ATO loss
The Tax Office has secured a transfer pricing win against the parent company of telco giant Optus.
- Tom McIlroy
February
How high earners can claw back lost stage three tax cuts
Experts explain how to reclaim lost stage three tax cuts via extra superannuation contributions.
- Duncan Hughes
Negative gearing to jump as rate rises bite
Higher interest rates will make the strategy more popular and increase tax deductions for 2.4 million landlords, who tend to be older and earn higher incomes.
- John Kehoe
January
Paying too much tax? Steps to take now before July 1 cuts
With bracket creep cutting household income, here are eight ways to benefit before the stage three changes.
- Duncan Hughes
December 2023
Tax deduction curbs ‘an attack on religious freedom’
The draft Productivity Commission recommendations on charitable giving will be fiercely opposed by religious groups.
- Tom McIlroy
October 2023
- Exclusive
- Philanthropy
Superannuation has become a wealth vehicle: Keneally
Former NSW premier and senator Kristina Keneally has ruled out a return to frontline politics and says Labor’s plans to double charitable giving needs more work.
- Tom McIlroy
Relying on bank statements for tax deductions? Think again
A Brisbane businessman learnt the hard way that bank and credit card statements are not sufficient records to prove $48,000 in tax deductions.
- Ronald Mizen
Developers face uncertainty on thin capitalisation rules
The federal government’s proposed laws to crack down on excessive tax deductions are not fit for purpose, industry figures and independent MPs warn.
- Michael Bleby
‘Game changer’ tax ruling may lead to refunds for family trusts
The AAT ruling potentially questions the past 14 years of tax treatment of about 971,000 family trusts, most of which have corporate beneficiaries.
- Duncan Hughes
September 2023
‘Small home’ bonanza as granny flats get green light
Victoria is the latest state to overhaul restrictions on backyard homes that can generate income. But experts warn there are legal, tax and funding challenges.
- Duncan Hughes