This Month
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
July
- Opinion
- SMSFs
There is a simpler, fairer way to tax super above $3m
Australia will soon become the only pension system in the world to tax unrealised capital gains.
- Peter Burgess
- Opinion
- Opinion
The land of the fair go is taxing social mobility
Australia’s antiquated over-reliance on income taxes means that if you do manage to succeed, then that success is taxed heavily.
- Richard Holden
- Opinion
- Canberra Observed
Middle Australia is indeed the lucky country
A suite of new data sources has enabled the Productivity Commission to revise its measure of economic mobility. The result surprised everyone.
- Tom Burton
Four ways to build wealth with your tax cuts
Whether you’re trying to pay off your mortgage early or boost your super, put your extra income to good use.
- Duncan Hughes
June
Why you could be caught by the ‘wealth tax’ this year
Fast-rising wages and asset prices will leave more Australians facing Division 293 tax on their income and deciding whether to pay it from their super.
- Tom Richardson
Spender, Pocock join forces against $3m super tax grab
The teal independent and the crossbench senator are working to stop the government taxing unrealised gains in its plans for large superannuation balances.
- Phillip Coorey
- Exclusive
- Superannuation
New blow to Labor’s tax hit on super
Government plans to lift the tax rate on super accounts of more than $3 million have suffered a blow, with key Senate crossbenchers opposed to the changes.
- Phillip Coorey
- Exclusive
- Inflation
How much extra tax you stand to pay because of bracket creep
The average taxpayer will lose $2000 to the so-called stealth tax in the next four years, which will deliver the federal government an extra $29 billion in revenue.
- Michael Read
- Opinion
- Opinion
How to cut tax if you have an employee share plan
Don’t assume the taxman won’t come knocking – this is how it works and what you can do to soften the blow.
- Colin Lewis
Top earners and companies bear record tax burden
Newly released ATO data reveals the top 1 per cent of earners are forking out almost one-fifth of personal tax revenue.
- Michael Read and Tom McIlroy
Australia’s highest-paid jobs revealed
Newly released Tax Office data showed surgeons topping the list of highest-paid professions, taking home a total income of more than $480,000.
- Michael Read and Tom McIlroy
Eight ways high earners can maximise their tax returns
The key message this tax time is to bring deductions forward and push income back.
- Michelle Bowes
Modi is still the boss
Readers letters on the taxation system; Narendra Modi’s win in the Indian election; migration cuts; and tensions in Australia over the Gaza war
- Opinion
- Opinion
Treasury is addicted to income tax to fund spending
Virtually everyone is protected by the government from inflation eroding their real incomes, except the humble wage earner.
- John Kehoe
May
How the rich use this tax strategy to get richer
For many people, debt is a scary word. But debt can help build wealth so long as you’re careful about it.
- Michelle Bowes
Albanese’s crucial test: will people buy his big vision?
The prime minister has unambiguously embraced a bigger role for government in Australia. The Coalition, in turn, sees an opportunity.
- Ronald Mizen
New tax hit could push up cost of your dentist visit
Patients accessing dental services in large medical clinics around the country face possible price hikes from new payroll tax liabilities being imposed by state governments.
- Tom McIlroy
Victoria, South Australia exempt GPs from payroll tax
The Victorian decision represents a backflip by the Allan government that will cost the state budget $10 million a year.
- Gus McCubbing
- Exclusive
- Courts
ATO freezes former Young Rich Lister’s muscle cars, mansion
The flamboyant accountant Steve Di Petta, who has a penchant for Ford Mustangs, is facing allegations he and his wife owe the Tax Office over $3 million.
- Max Mason
