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Showing 11 - 20 of 328 results for "Taxpayers"

Forrests' donation crowns WA as most generous state: KPMG

KARREN VERGARA  |  TUESDAY, 13 JAN 2026
... Robinson said while it is not always the main driver for making charitable donations, obtaining a tax deduction may enable taxpayers to be more generous. "When considering a donation, taxpayers will only be able to claim a deduction for donations to ...

ATO to restrict travel over unpaid super obligations

ELIZA BAVIN  |  WEDNESDAY, 7 JAN 2026
... 2025, the ATO said it has issued 21 DPOs, more than the total number issued in the financial year ended 30 June 2025. "Taxpayers who have accumulated significant tax debts that they have the means to pay, and who take deliberate steps to avoid paying ...

Housing Australia Future Fund under audit

ELIZA BAVIN  |  WEDNESDAY, 29 OCT 2025
... said. "The audit by the ANAO is a necessary step to ensure the fund is operating effectively and delivering value for taxpayers but Australia cannot afford to lose momentum on building new homes. Oversight and transparency are essential, but the audit ...

Another industry body urges Division 296 reconsideration

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
... believes the taxing of unrealised capital gains and the lack of indexation can pose compliance challenges for affected taxpayers. Division 296, which will impose 15% additional tax on super balances over the $3 million threshold once legislated, has ...

Some Australians being taxed more on super than pay: SMC

ELIZA BAVIN  |  TUESDAY, 12 AUG 2025
... analysis also found without compulsory super, half a million more Australians would rely on the Age Pension, costing taxpayers $12 billion in 2026-27, rising to $14 billion in 2028-29. Over the past two decades, super balances have more than tripled ...

Super funds given reprieve from Trump's 'Big Beautiful Bill'

ELIZA BAVIN  |  FRIDAY, 27 JUN 2025
... introduced retaliatory tax increases as high as 20% on specific income categories, with direct implications for Australian taxpayers earning US sourced income. Association of Superannuation Funds of Australia (ASFA) chief policy and advocacy officer ...

Chalmers advocates for Aussie instos on 'Big Beautiful Bill'

ELIZA BAVIN  |  THURSDAY, 26 JUN 2025
... 899 would introduce retaliatory tax increases on specific income categories, with direct implications for Australian taxpayers earning US sourced income. "I've engaged a lot with Australian investors over the course of the last couple of weeks on their ...

The tax system is being weaponised to inflict abuse, ombudsman says

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
... be present. "The challenge in identifying and evidencing financial abuse means there may be a significant cohort of taxpayers who aren't getting the support they need with tax and superannuation issues and are being held liable by the ATO for debts they ...

New tax cuts for every Australian 'a complete joke': UNSW

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
... by declaring that cost-of-living pressures are "front and centre," unveiling two surprise tax cuts for all Australian taxpayers. From 1 July 2026, the 16% tax rate, which applies to taxable income between $18,201 and $45,000 will be reduced to 15%, with ...

Government looks to bolster TPB, tax compliance

JAMIE WILLIAMSON  |  TUESDAY, 25 MAR 2025
... targeting high-risk practitioners. This will commence from July 1. The government said the measures are aimed at protecting taxpayers from tax agent misconduct, including poor and unlawful tax advice, and increase confidence in the tax system. It also ...