Franking credit removal 'inequitable': inquiry
An inquiry into the removal of refundable franking credits has found that such a move is "flawed". However it could be considered as part of a wholesale tax reform.
An inquiry into the removal of refundable franking credits has found that such a move is "flawed". However it could be considered as part of a wholesale tax reform.
All eyes are on Bill Shorten to see how far he will go matching the government's latest rounds of tax cuts.
Whether you work from home some or all of the time, don't overhype your expenses and understate your income.
While superannuation is still the most tax-efficient retirement savings tool, there are some options for those who reach contribution limits.
Australia's largest top 10 companies currently pay 29 per cent of all corporate tax, with 42 per cent derived from the top 100 firms.Â
That's roughly how much you need to be generating a $25,000 franking refund cheque every year. So is Labor's franking policy a "retiree tax" grab or the end of "welfare for the wealthy"?
The Tax Office argued an Australian who lived in a serviced apartment in Bahrain was still an Australian resident as he had no other permanent home. A court disagreed.
It's worth looking carefully at strategies to contribute and get a tax break, writes John Wasiliev who answers your questions on super.
A refund keeps a taxpayer's tax bill at zero. It is as legitimate to offer as a tax credit.
A former ATO employee has slammed Labor's proposed changes to refundable franking credits because they offend "against the pillars and basic...
The bottom line of Labor's franking plan will be a lower rate of return, which has investors scrambling for alternatives.
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