What would you do if you had millions of dollars in family wealth at your disposal? The answer for some is obvious:tackle the climate crisis.
Take it from an accountant:taxpayers give too much help to ute and 4WD buyers to tempt small businesses to convert to electric vehicles.
The Productivity Commission warned more than a decade ago the community was not getting value for money from concessions for clubs,but the money keeps flowing.
Independent MPs have proposed a small tax concession for landlords that could slash renters’ energy bills and cut greenhouse gas emissions.
Taxpayers are urged to find every legitimate deduction they can before lodging tax returns this year.
With a bit of planning many people could afford to contribute more to super and collect tax breaks.
Landlords are in the Tax Office’s sights in 2023-24 after a review found nearly nine out of 10 landlords are incorrectly claiming expenses.
Property investors are in the ATO’s sights,with nine out of 10 landlords getting their tax returns wrong.
The Albanese government has started a debate about tax concessions around superannuation. But there are more than 300 in our tax system.
The new estimate will sharpen the political fight over the tax increase and intensify calls to adjust the $3 million threshold for the controversial change.
Labor is close to a deal to double taxes on funds above $3 million,but will give voters a chance to veto what the Coalition says is a breach of trust.