Finance

It’s no secret that tax time can be one of the most painful times of the year for business owners, with a seemingly ever-changing list of th…

The Australian Tax Office (ATO) has warned business owners and individuals against “unreasonable” tax claims around laundry deductions t…

Businesses and individuals have been warned by the ATO against claiming “standard” deductions come July 1, with experts saying justification is necessary no matter how small the deduction.

From home office expenses to income from sharing economy platforms, the Australian Taxation Office looks to be casting its net wide when it …

Australia's Small Business Ombudsman has welcomed a move by the ATO to extend its independent review function to small businesses through a pilot program.

The government is reportedly considering a new tax on the digital economy. While no details of the tax are available yet, the digital services tax recently proposed by the European Commission may give us an idea what the tax might look like.

Pauline Hanson, who commands three Senate votes and thus a veto, has suddenly withdrawn her support for the Coalition's plan to cut the company tax rate for big businesses.

The Inspector-General of Taxation has launched a review into how the ATO issues garnishee notices to small businesses, following a Four Corners investigation.

The ATO received $134 million on budget night to help chase tax debts — and accounting groups believe this will lead to further scrutiny of deduction claims.

The public disclosure of information that Australia’s largest companies give to the Australian Taxation Office (ATO) on their tax returns doesn’t sway investors’ decisions and doesn’t reduce corporate tax avoidance, our research shows.

The Australian Taxation Office has released stats revealing the Australian postcodes with the highest and lowest salaries, as well as reveal…

Tax cuts for personal income earners on $87,000 or less are on the table ahead of the May budget.