Business Accounting

WELL-HEELED

It’s our civic duty – but paying too much tax is crazy

Melissa Browne If you're looking at ways to cut your taxable income, here are a few things you need to know.

BUDGET 2015

Federal budget 2015: So what does it all mean for you?

Dan Steiner would have liked some restrictions on the superannuation tax concessions that go to the very well off.

John Collett Small business owners have come out smiling, as have 50,000 pensioners. But the budget takeaway is less palatable for others,

TAX PLANS

Death of the tax return?

Embracing greater automation may mean we've seen the last of this.

David Wilson Sick of shoe-boxes of receipts? Hi-tech solutions could spell the end of the tax-time grind.

Joe Hockey's 'tax integrity' measures include tax for Netflix

Joe Hockey wants to embrace widespread changes in tax for overseas digital companies, such as Netflix.

Jared Lynch Netflix is Joe Hockey's lightning rod to collect more tax from overseas technology giants.

Comments 19

YOUR QUESTIONS

Open to ideas for growing savings

George Cochrane My mother's 93 and will – at some point – leave me a significant sum. What's the best way to make it work for me?

Treasury overlooks chief tax shelter

Daryl Dixon

Daryl Dixon The Treasury tax discussion paper fails to address the gross inequities in both the tax and social security systems.

ON THE CREDIT SIDE

Dividend franking gains a reprieve

Money, franking

David Potts Relax. The fact Treasury thought better of mentioning one of the major arguments against franking suggests it's not fussed either way.

BOURIS ON MONEY

Tax tactics can make your money grow

Mark Bouris

Mark Bouris If you're trying to create financial security, always remember that the tax system can be on your side.

ASK NOEL

What can I do to cut my tax bill on sister's rent-free home?

Noel Whittaker.

Noel Whittaker What's the tax position on property we bought jointly 15 years ago?

TAX TRAPS

Ways to ensure a great divide

Max Newnham author pic

Max Newnham Replacing one old home with two new ones is tempting. But what are the tax pitfalls?

GETTING STARTED

Treasury getting its tax ducks all in a row

In its sights: But the gaps in the Treasury list also show a pattern.

David Potts Negative gearing isn't a problem but the discount on capital gains tax is.

ASK NOEL

Dipping a toe in the investment water

 

Noel Whittaker I'm 31 and nervous of investing my hard-earned savings in shares. What should I do?

YOUR QUESTIONS

What's the tax position on my property?

What is the tax position on my property?

George Cochrane My SMSF owns a commercial property. Can I transition to retirement and pay zero tax on the rent from the property while the property has a mortgage/loan on it?

ASK NOEL

I helped my daughter buy her home. Must I pay tax if she returns it?

Break out the champagne: Wedding bells can mean a big day for the parents of the bride too.

Noel Whittaker We're planning to transfer the property back into my name. Will I be hit with a big bill?

We're close to retirement. Should we sell investment properties?

Your Questions dinkus

George Cochrane Is the best strategy to offload our units oir keep them for the income?

REFUND RUSH

Make sure you've got your tax ducks in a row

The Tax Office flies in: The race is on for taxpayers to complete tax returns after receiving  their Payment Summary.

Melissa Browne What are the recent rule changes to be wary of when filling in your tax return this year.

YOUR QUESTIONS

How can my parents prepare for care?

George Cochrane They are in good health, but obviously at their age, anything can happen.

ASK NOEL

Tax return doesn't cut the mustard

Michael Mucci

AccountancyFees.jpg

Noel Whittaker My SMSF isn't complex - can I do my own tax return?

TAX TIME

Bringing it all back home

A pedestrian carries a Zara shopping bag in Madrid, Spain, on Tuesday, March 24, 2009. Inditex SA, Europe's largest clothing retailer, reported the steepest quarterly profit decline in five years as consumer spending slumped, leading the owner of Zara and Bershka stores to cut prices. Photographer: Denis Doyle/Bloomberg News puff size cover image for Money

Christine Long What will you do with your tax refund? Spend it on something fun? Or use it like a financial firestarter to build something bigger for the future?

GETTING STARTED

Tax nightmare as bracket creep becomes bogeyman

Federal treasurer Joe Hockey during a meeting with treasury secretary Martin Parkinson (right) in Canberra Thursday, May 8, 2014. Mr Hockey will hand down his first budget next Tuesday. (AAP Image/Alan Porritt) NO ARCHIVING

David Potts The less the government does the more it'll rake in from personal income tax.