The federal government recently released the Board of Taxation’s report on taxation impediments to the success and growth of small business,…
Terry Hayes is the editor-in-chief of tax news reporting at Thomson Reuters, a leading Australian provider of tax, accounting and legal information solutions.
The federal government recently released the Board of Taxation’s report on taxation impediments to the success and growth of small business,…
The capital gains tax laws are voluminous and complicated. But they also contain benefits for taxpayers. Legislation introduced in Federal …
Some “bread and butter” tax this week – work-related expenses for food and drink while travelling while at work. Hardly a “rocket science”…
With the public float of institutions such as the Commonwealth Bank, Telstra, and now Medibank Private, more Australians today hold shares t…
Entrepreneurs with an idea they want to put into practice can have difficulties in obtaining funding, particularly from traditional sources,…
Taxpayers can get a release from their tax debt but there are conditions. Under the tax law, the Tax Commissioner has a discretion to releas…
The GST is in the news again, with the possibility that the rate may change, or that the GST base be expanded by winding back some of the ex…
The income thresholds for the private health insurance rebate (offset) and the Medicare levy surcharge will be frozen with effect for three …
Compensation payments for a variety of reasons can be taxable or not. There are some basic rules to follow, but the result often depends on …
The mining tax repeal only affects mining companies – right? Not right. A number of measures that were to be paid for from the proceeds of…
While it’s often said that lawyers and accountants are their own worst clients, or doctors are their own worst patients, taxpayers too can b…
A taxpayer has largely failed before the Administrative Appeals Tribunal in proving that the Tax Commissioner got his tax assessment wrong. …