tax refunds

Wall of worry for people nearing retirement

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Wall of worry for people nearing retirement

Running out of money in retirement is an increasingly common fear among Australians, but there are ways to combat it. Former NSW Liberal leader Kerry Chikarovski says changes to negative gearing would affect a “very broad” group of Australians rather than just the wealthy. “People seem to think that negative gearing is the gift to … [Read more…]

ATO’s three big targets in your tax return this year

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ATO’s three big targets in your tax return this year

Millions of taxpayers will see their tax refunds shrink by up to $1500 this year, as the ATO sharpens its focus on dodgy claims in three key areas. Sky News Business Editor Ross Greenwood says the Australian Taxation Office has announced a change in the way Australians can claim. ATO assistant commissioner Tim Loh told … [Read more…]