Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement
Advertisement

Income tax

November

Time to go? Long-term Aussie expats in the UK say a tax change could prompt them to leave.

Australian expats mull leaving UK over game-changer tax rules

The new government’s first budget has changed the equation for many long-term Australian expatriates. They have until April 6 to escape the inheritance tax net.

  • Hans van Leeuwen
Victoria is being urged to overhaul its payroll tax settings.

Victoria lags the country on anti-business payroll tax

Treasurer Jim Chalmers will host a meeting of his state and territory counterparts on Friday, in a bid to boost productivity and drive investment.

  • Tom McIlroy and Gus McCubbing
l-r  Peter Lalor and Jason Preston

The fastest-growing firms have one thing in common: AI

BlueRock’s Peter Lalor says the firm is using generative AI across the firm, while McGrathNicol’s Jason Preston is using the machine learning to identify patterns that humans would overlook.

  • Updated
  • Edmund Tadros
There are parallels with the recent re-election of Donald Trump as President of the United States.

Economists must climb down from ivory tower to win the tax debate

Only once the electoral popularity of taxation reform is improved can we expect politicians to stake their political capital for change.

  • Melinda Cilento and Stephen Smith
Hit by tax because your high-interest saver did too well? Here’s what you can do.

Average tax refund revealed, and why you may receive ‘surprise’ bill

Bank depositors have had much to celebrate as rates have stayed higher for longer. But with more interest comes more tax. Here are some solutions.

  • Lucy Dean
Advertisement
The PBO estimates the benefits of the stage three tax cuts will be gone by the end of the decade as bracket creep drives personal income tax rates to a record high.

Stage three tax cuts to be eliminated by bracket creep: PBO

The budget watchdog estimates the benefits of the tax cuts will be gone by the end of the decade as bracket creep drives personal income tax rates to a record.

  • Michael Read
The ATO has promised a “firmer” approach to small business debt.

ATO patience runs out as small business tax debt hits $35b

The Tax Office has warned it is taking a firmer approach to unpaid debts, after going easy on stretched small businesses during the COVID-19 pandemic.

  • Tom McIlroy

October

Heather White (left) voted for Trump while Joe Witosky of Bay City Mobile Welding is planning to vote for Kamala Harris in the 2024 US election

Ground zero: Why these voters could decide the US election

In one of America’s poorest counties in Pennsylvania, it’s the working class who could tip the balance in the race for the White House.

  • Updated
  • Matthew Cranston

Costello backs negative gearing: ‘It’s not a concession’

Both the former treasurer and Opposition Leader Peter Dutton say negative gearing should be upheld as a basic principle of our tax system.

  • Campbell Kwan and Nick Lenaghan
Assistant Treasurer Stephen Jones wants feedback on the tax promoter penalty laws.

Government targets social media users who promote tax dodge schemes

Experts are being asked to weigh in as Canberra looks to deal with social media users encouraging others to take part in tax avoidance plans, as part of its response to the PwC tax leaks scandal.

  • Edmund Tadros
The ATO looks at how lifestyles match up with declared income.

How the ATO caught taxpayers cheating on ‘lifestyle’ assets

The Tax Office has provided The Australian Financial Review with exclusive details about some recent investigations.

  • Duncan Hughes
Liberal candidate for Curtin Tom White.

Curtin bid is not a ‘Game of Thrones’ quest

Readers’ letters on WA Liberal candidate Tom White; how to halt Iran; AI’s double-edged sword; income tax hit; investor risks; divisive politics; and green steel.

September

Treasurer Jim Chalmers during a press conference on Monday.

Income tax hits 25-year high in Chalmers’ surplus

The treasurer’s second budget in the black has been underwritten by the highest share of wages taxation since before the GST was introduced in 2000.

  • John Kehoe and Michael Read
Treasurer Jim Chalmers, Resources Minister Madeleine King and Prime Minister Anthony Albanese.

China stimulus should stabilise iron ore price, says resources minister

Resources Minister Madeleine King says China’s latest stimulus package was unlikely to push prices higher, but it should help arrest the one-third fall seen since the start of 2024.

  • Ronald Mizen
Anthony Albanese and Bill Shorten at the ALP confference

Bill Shorten’s Labor legacy: tax, spend and a broken NDIS

Beyond the NDIS blowout, Shorten failed to build a new Labor economic growth project that was more aspirational for hard-working and over-taxed wage earners.

  • John Kehoe
Advertisement

August




The Coalition is considering a policy of lifting the tax threshold for middle income earners.

Coalition to fund ‘aspirational’ tax cuts from axed Labor policies

Lifting the $135,000 tax threshold is one option being considered as the Coalition aims to help aspirational voters.

  • Phillip Coorey
Paul Keating.

Keating warns on Labor’s $3m super tax

Jim Chalmers’ refusal to index the $3 million threshold for the tax hit has been described as “unconscionable” by Paul Keating in private talks with the industry.

  • John Kehoe, Phillip Coorey and Hannah Wootton
Allegra Spender, Monique Ryan, Zoe Daniel, Kylea Tink, Sophie Scamps and Kate Chaney.

Independents team up to oppose tax rise on superannuation

Treasurer Jim Chalmers is struggling to win political support for the biggest revenue-raising measure in his budget.

  • John Kehoe
New ATO commissioner Rob Heferen.

This philosophy-quoting taxman is going old school

Six months into the job, Tax Commissioner Rob Heferen has put businesses and individuals on notice he’s coming after $50.2 billion in money owed to the government.

  • Tom McIlroy
While it’s technically possible for someone to pay no income tax, it’s highly unlikely.

Is it possible to pay no income tax?

It is nonsensical to spend money just to get a tax deduction because you’re still out of pocket.

  • Penny Wise