Do you know the tax deductions and offsets for which you might be eligible as a self-preparer? The following tax tips – work-related expenses, rental property deductions, cryptocurrencies and more – may help you to legitimately reduce your tax liability in your 2017-18 return.
The end of a financial year is a good time to set business resolutions for the start of the next financial year. To jumpstart your planning, CPA Australia has put together 11 resolutions no small business should do without.
Lodging a tax return can seem daunting for students. Parents who may be helping to navigate these uncertain waters can also find it challenging. To help, CPA Australia has put together eight tax hacks for students for the year ending 30 June 2018.
Small businesses may be eligible for a range of tax benefits. CPA Australia has put together the following tax tips to help small businesses.
The Australian Taxation Office (ATO) is targeting work-related expense claims - and literally going through dirty laundry bills in a crackdown.
The Australian Taxation Office is calling on accountants and tax agents to help combat fake tax debt scams involving cryptocurrencies such as bitcoin.
Accountants and the tax profession will find plenty of measures in the fine print of the 2018 Federal Budget papers that will affect individuals and business clients.
A budget to strengthen the economy, create jobs and guarantee essential services while ensuring the Australian Government lives within its means was the promise of tonight’s Federal Budget.
Governments are seeking new ways to tax motorists as the rise of electric cars threatens fuel excise revenues.
As cryptocurrencies continue to lure investors and make them fortunes – or not – authorities around the globe are assessing how to treat altcoins for tax purposes. One clear consensus is emerging: if you spend or invest in them, it is crucial to understand how such transactions are treated for tax purposes.
CPA Australia has some advice as the Australian Government finalises its May 2018 Budget.
Litigation over tax office decisions has almost halved in the past three years and there is a message in that for accountants and their clients: talk to the ATO first.
Only the most courageous political leader dares to introduce a tax hike, so how does a region like the UAE create an entirely new tax regime?
Three accountants who are experts in diverse areas of public practice list the three most common questions their clients ask and explain how they respond to them.
Proposed changes to the federal government’s company tax cut could see some small businesses missing out.
Stopping people using and hoarding large sums of cash could be a crucial step in cracking down on tax avoidance.
Tax rulings still have an important role to play but the Australian Taxation Office is also using alerts as a tool to give taxpayers real-time views.
Proposed changes on tax deductibility will affect some landlords more than others.
Three experts weigh up the benefits of providing a tax deduction for a healthy lifestyle.
A new draft guideline from the Australian Taxation Office is set to simplify the taxation of income that many sportspeople earn from their image rights.