Business Tax

Gareth Hutchens

Little evidence to support corporate tax cut

A hand trying to catch sinking dollars.

Gareth Hutchens A popular argument is the idea that our economy will necessarily benefit if the corporate tax rate is cut.

WELL HEELED

Maximise the money in your pocket at tax time

Melissa Browne The end of the financial year is only a few weeks away and the key to getting a better return this year is to do something rather than hope that it happens.

TAX TIME

Tax office takes aim at tradies

Building Melb 101209 AFR pic by Erin Jonasson. Building and construction generic hold for files. Carpenters, builders on site, building houses. Aprenticeships, cost of living, building homes, house, real estate, property, new construction, housing fiugres.

John Collett The Australian Tax Office is targeting building and construction workers and sales and marketing managers.

CUT YOUR LOSSES

Realising value from shares that are worthless

11 September 2012 Sunday, Journalist, The Canberra Times, Photo Jay Cronan. Generic, Mugga Lane Resource Management Centre. Rubbish, tip, garbage, recycle

Tony McLean If you have shares that are really of little or no value, you may be able to realise a capital loss for tax purposes in 2012-13.

TAX TIME

Dropping the ball now can be costly

Money cover, Tax issue. 12/06/13 illustration: Jamie Smetkowski

Barbara Drury The big challenge facing Australian taxpayers this month is to reduce their tax bill before the end of the financial year without getting the Tax Office umpire offside.

Crackdown on landlords after surge in claims

ATO

John Collett The Australian Taxation Office is targeting more than 110,000 rental property owners who have been identified through last year's tax returns as making incorrect claims.

BUDGET SPECIAL

The cuts are now personal

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John Collett The 2013-14 federal budget delivered not that much for the personal finances of most people. It mostly deferred or scrapped tax breaks that had been promised, but not yet delivered, and so will...

Borrowers' feast

David Potts

David Potts Another interest rate cut is in the offing, though in this case what's good for the goose won't appeal to the gander at all.

Downside has benefits

drgaon

I Can Do That The strategy: To understand what's going on in China.

Henry warning to lift revenue

Dr Ken Henry.

Clancy Yeates State and federal governments must extract more tax revenue if they are to fund the nation's ballooning infrastructure needs in decades to come, former Treasury secretary Ken Henry says.

Mark Bouris

Where to put taxman's 'gift' depends on you

Mark Bouris

Mark Bouris Over the next few weeks, a lot of readers will be receiving tax refund cheques from the Australian Taxation Office.

Online tax drive

Young man having trouble studying.

Barbara Drury It's that time of year when Australians start grumbling about giving up a Sunday to fill in their annual income tax return.

Prepare for your return

Annette Sampson

Annette Sampson The strategy: To get my things together to do this year's tax return.

Insight: tax

Clancy Yeates

Clancy Yeates Now is about the time many people begin the yearly chore of digging out all those receipts and other papers needed to complete their tax returns.

Tax number is a fraudster's friend

Justine McKenny

Alexandra Smith STOLEN tax file numbers have been used to lodge as many as 5000 fraudulent tax refunds worth $27 million in just three months, as identity criminals increasingly attempt to defraud government...

New laws put ATO to the test

d'ascenzo

Ben Butler Tax Commissioner warns organisation will be put under pressure by carbon and mining taxes.

Adele Ferguson

ATO aims for rich pickings

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Adele Ferguson If you're an investor, wealthy, an executive or operate in the cash economy, the taxman cometh.

Rolling over to escape the tax man

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George Cochrane Pensions offer the most straightforward form of income in retirement - and keep the ATO at bay.

Tax office warns dodgers: beware

Tax dodgers will be caught, the Australian Taxation Office has warned after nabbing and convicting 356 people in the third quarter of this year.

A lesson in tax offsets

Back to school.

I Can Do That The strategy: To gain a tax break on all that money I've just laid out on back-to-school expenses.