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Tax

World

Little-known reason money may be taken from your tax refund

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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...
Bussiness

The ATO is cracking down on former company directors in a blitz some say will send them bankrupt

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A day after his 52nd birthday, Andrew Christodoulou got a nasty surprise in the mail.A letter from the Australian Taxation Office (ATO) in November...
Bussiness

ATO boss issues tax time message for Australians

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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...
Bussiness

Considering getting an accountant to do your tax return? Here’s when you might need one

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Should you do your tax return yourself or pay an accountant to do it?While the ATO has made it relatively easy for many people...
Shopping

Clarkstown reaches tax deals with millions paid back to Palisades Center, Shops at Nanuet

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Nanuet and Clarkstown school districts have to pay back the largest portion to shopping centers that challenged their property assessments.A tax challenge deal between...
World

Government’s losing billions of dollars in property tax: new figures show – ABC listen

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Samantha Donovan: New analysis has revealed the federal government is missing out on billions of dollars in revenue because of property market tax concessions....
World

SkyNews.com.au reveals the cost of living measures coming into force today

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Millions of Australians are set to benefit from the new cost of living measures which came into effect on Monday, July 1. According to a...
Gambling

Increased gambling tax in Sweden comes into effect

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Sweden’s increased excise tax on gambling comes into effect from today, Monday, July 1. The new tax, up to 22 per cent from 18 per...
World

The 2024-25 financial year is almost here. Here’s how July 1 changes could affect your wallet

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The end of financial year is approaching.While some only associate this period with tax returns and the odd sale purchase, it's usually when we...
Shopping

Beijing raises duty-free limit for mainland tourists in Hong Kong to HK$16,100

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Beijing has raised the duty-free shopping allowance for mainland Chinese tourists visiting Hong Kong and Macau to up to HK$16,100 (US$2,100) per trip, with...
World

How much extra cash you can expect when tax cuts begin on July 1

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Changes set to come into effect from Monday will mean more money in the pockets of most Australian taxpayers.Stage 3 tax cuts were finalised...
Gambling

Indian tax body leaves operators in limbo

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Industry experts warn that operators in India face a lack of “clarity” over gaming tax after the topic was left out of the country’s...
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