Australia’s richest people are becoming nauseatingly more wealthy, increasing their collective wealth by 70 per cent since the pandemic began. That equates to roughly $82 million per day since 2020, …
Even as banks and other financial stocks dragged Sensex and Nifty down following a hike in capital gains tax in Budget, smallcaps and midcaps continued to rally as if nothing …
On events such as budget day, the market is prone to kneejerk reactions. So, as soon as the finance minister announced higher short-term and long-term capital gains taxes on financial …
“I think the STT on F&O is a step in the right direction. If the idea is to essentially curb volumes on the F&O side I think that is fair …
Australian taxpayers lost out on a quarter of a billion dollars in revenue in 2023 thanks to a generous tax loophole for “big, dumb” American-style utes, a report says. Large …
Taxpayers are being reminded the Australian Taxation Office (ATO) will siphon money from their tax returns to pay off any outstanding Services Australia debts. Even those people who have existing …
Taxpayers struggling with lodging their returns could be eligible for a free helping hand. Australians have until October 31 to lodge their returns or face a hefty fine. While you …
Gas tax revenue is predicted to take a downward trajectory going into the 2030s as we head into a zero emission, greener future. States are looking at ways to make …
Australians are being warned by experts not to make any “incorrect” deductions on this year’s tax return, or else risk pricey repayments. To make understanding deductions easier, the Australian Taxation …
Opportunistic scammers are using tax time to target unsuspecting Australians trying to lodge their return. As of July 1, taxpayers can file their tax returns with the Australian Taxation Office. …