News

Language used in letters from the tax office can cause needless anxiety and confuse readers with excessive jargon, an ...
The fact is, Australia is one of the lowest-taxing countries in the developed world. Australia raises very little tax revenue compared to similar countries.
Australia is setting a high-water mark for tax transparency obligations with its new comprehensive public country-by-country reporting regime imposing some of the most onerous disclosure obligations ...
Leading fund manager Geoff Wilson says the Greens’ proposal to increase the earnings tax on high-value superannuation accounts is fairer than Labor’s policy, but he maintains that under no ...
Australians coughed up more than a quarter of a trillion dollars in income tax for the 2022-23 financial year, but there were dozens of millionaires who didn't pay a cent.
United States Treasury Secretary Scott Bessent has asked for the removal of the 'revenge tax' from the big, beautiful bill. “I have asked the Senate and House to remove the Section 899 ...
The prime minister and the treasurer have been lobbying Treasury Secretary Scott Bessent to drop the tax, which threatened the returns of Australian super funds.
There were 91 Australians who earned more than $1 million in total income in 2022-23, yet paid no tax – that's according to newly released data from the Australian Taxation Office.
Millions of Aussie small businesses are being warned to pay their tax bills on time or they will be slugged with a fee, compounding daily.
Aussies could be leaving hundreds or even thousands of dollars in tax deductions on the table because they forget to claim everything they are entitled to. Taxpayers will be able to lodge their ...
There’s much excitement in the commentariat about the August productivity “summit” and the possibility for tax reform. At least part of that excitement, one assumes, comes from those in the ...