Money
Tax
Opinion
Income tax
Tips and traps to help maximise your tax return
What you need to know when it comes to your tax return, COVID-19 and some important concessions
- by Mardi Heinrich
Latest
Income tax
Bumper tax refunds spark rush to lodge returns
Taxpayers have rushed to lodge their tax returns with the ATO early in anticipation of bumper refunds to help provide relief from dwindling savings during the COVID-19 crisis.
- by John Collett
CGT
How to best utilise your Capital Gains Tax exemption
If a property is being used to produce income then the period of absence is limited to six years for a full Capital Gains Tax exemption.
- by Noel Whittaker
Opinion
Tax deductions
How to avoid costly tax deduction mistakes
The perfect storm of the coronavirus is likely to bring your biggest tax refund yet but pay attention to detail.
- by Olivia Maragna
Income tax
Income summary change could delay refunds
Smaller employers will join larger companies this year in not providing income summaries to their employees. Instead, they will go directly to the ATO.
- by John Collett
Explainer
Tax deductions
What can (and can't) you claim on tax if you're working from home?
Deluxe stationery? The cost of Zoom calls? Depreciation on your dining-table 'desk'? What deductions can you claim for working from home during the pandemic?
- by Jessica Irvine
Opinion
Stamp duty
Universal land tax proposal has serious flaws
Replacing of stamp duty with the new tax would be a blow to retirees, who are already facing record-low interest rates.
- by Noel Whittaker