Tax news headlines

Those involved were current and former staff, who have since been fired or investigated.

Negative gearing is back on the political agenda following calls from the crossbench to overhaul it.

One third of Australians are calling for the tax to be abolished as some buyers are forced to fork out six months of their income to pay stamp duty.

Australians living in outer-city suburbs and rural areas are the biggest beneficiaries of the government's reworked stage 3 tax cuts, new analysis shows.

The announcement comes after weeks of criticism from the Coalition about the overhaul.

Drinkers in pubs and clubs across Australia face forking out more for their favourite tipple.

"We'll have an announcement in due course," Opposition Leader Peter Dutton said.

The opposition has condemned Albanese for the move, which is an election promise backflip, but is now considering the proposed changes.

Anthony Albanese's Pinocchio trick with the tax cuts will do him no harm at all, Neil Mitchell writes.

Anthony Albanese says the reworked stage three tax cuts will benefit those who need the relief most amid the cost of living crisis

Speaking from Queensland today, Treasurer Jim Chalmers has insisted the government's backflip 'is not about politics'.

Anthony Albanese said the changes will mean the average Australian will receive a tax cut of more than $1500 a year.

When is it OK to break a rolled gold promise? Simple, really: when you reckon you can get away with it.

With stage three tax cuts firmly back in the public eye, you may have heard the term "bracket creep" being discussed.

Low-income earners are set to benefit from a rework of the controversial stage three tax cuts under a new plan to be put before federal cabinet today.

The five richest men doubled their wealth while five billion people became poorer.

Australians will be hit with another cost of living blow from next week.

A huge number of the super rich from across the globe have released a joint letter for world leaders.

The prime minister is pushing ahead with the controversial cuts despite fears they will fuel the cost-of-living crisis.

Marlene Engelhorn is seeking 50 fellow Austrians to advise her about distributing a family fortune.

The ATO refunded the pair more than $40 million before they were arrested and charged in 2018.

November 21 is the deadline to pay any extra tax owed to the government.

Under the deal, Shakira is to receive a suspended three-year sentence and a fine of $11.67 million.

A new report has found a majority of young people don't believe the cost-benefits of Australia's tax system are shared evenly across generations.

A 10 per cent goods and services tax (GST) is applied to food depending on how it is packaged, marketed and where it is sold, but according to a tax lawyer the rules aren't so straightforward.

Moira Williamson spent her entire savings on a doll that once belonged to Freddie Mercury, then she was hit with a bizarre bill.

Victorian Treasurer Tim Pallas has been criticised over a decision to waive payroll tax fees for struggling doctors, amid concern the scheme is placing unnecesary pressure on the health industry.

Thousands of Australians have just hours to complete this vital task - or risk fines of up to $1500.

Sole traders are spending about six to seven hours on financial admin each week, the independent data confirmed.

The controversial tax cuts - due to come into effect in July 2024 - have been criticised for overwhelmingly benefiting high-income earners, and not being economically viable.

A NSW woman who successfully obtained more than $70,000 through fake tax claims has been jailed for almost two years for her crimes.

A global survey of more than 1300 CEOs has found a majority of chief executives believe the end of working from home is only three years away.

It now costs $170,000 in Singapore simply for the paperwork needed to buy a car. Here is a look at the costliest countries for vehicle owners.

Hunter Biden's attorneys are suggesting that prosecutors bowed to pressure by Republicans, who have insisted the Democratic president's son got a sweetheart deal.

Shakira allegedly used an offshore company based in a tax haven to avoid paying $11 million in tax

Businesses can save thousands a year by providing dual cab utes to employees, as they do not have to pay fringe benefits tax.

It's the latest and weightiest step yet in a long-running investigation into the United States president's son.

A firm warning has been issued to landlords after a review revealed nine in 10 rental property owners have been doing their tax returns wrong.

Lodging a tax return usually comes with the hope there will be a return as in previous years - like 2021 - there was an average return of $2800.

The government tax has gone up 7.7 per cent from $151 per 60 tonne to $163.20 in it's largest ever rise.

Payroll and money laundering scam siphoned off more than $105 million that should have been paid to the tax office.

NSW and Victoria ruled independent GPs would be hit with a 5.45 per cent and 4.85 per cent payroll tax respectively.

The Victorian government has reached a settlement with the official bodies involved.

The 36-year-old was found guilty in March of money laundering and conspiring to commit tax fraud along with four others.

Most taxpayers with simple affairs should now find the information they need to lodge their tax has been pre-filled in the document.

The alcohol excise is not the only price hike Australians face on a regular basis – there's a range of products, services and penalties that regularly get more expensive.

Every August the tax on alcohol goes up - and while some businesses in the Hunter region of New South Wales try to absorb the hike, inflationary pressures are forcing many to pass it down the line.

A 2.2 per cent increase in the beer excise comes into effect from today, less than a year after the previous jump.

We were told it was coming, but the end of a tax policy has left many unpleasantly surprised - and the timing couldn't be worse.