Money

Tax

Multinationals still don't pay 'fair share' in tax

Tax Commissioner Chris Jordan says more than $7 billion worth of sales made in Australia will now be taxed for the first ...

You can forgive Aussies for being sceptical when they see advertisements claiming that "the Australian Government is ensuring multinational corporations pay their fair share of Australian tax".

Tax time: top work-related expenses ATO's eyeing

Australians claim about $23 billion in tax deductions for work-related expenses each year.

Higher-than-expected tax deductions relating to cars, travel, clothing, internet and mobile phones, and self-education expenses are among the top claims the tax man will be keeping a close eye on this tax time.

The one thing most investors get wrong

Remember: An investment's tax benefits are the cream on the cake.

There is anecdotal evidence that regulatory measures and budget proposals are having an effect on the housing market, which is a sad reflection on the mentality of the average property investor.