There is a growing call for Australia to enact a tax on fast fashion retailers, drawing inspiration from recent legislation in France. The French Senate approved a tax of at …
Tax
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- World
‘I Regret Some of My Posts’: Musk Reconsiders Trump Outburst as Secret Call Details Surface
by adminElon Musk recently reached out to former U.S. President Donald Trump following a public spat that drew significant media attention. Sources revealed that the brief phone conversation occurred on Monday …
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According to Effie Zahos, Nine’s Money Editor, the eligibility for work-from-home tax deductions for Australians hinges on three calculation methods: fixed rate, actual cost, and occupancy expenses. With approximately 36% …
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Recent discussions around superannuation in Australia have focused on new tax reforms set to target high-balance accounts. From July 1, changes will be implemented, notably a tax imposed on superannuation …
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Around three million Australians are set to see an increase of over $2.5 billion in outstanding student loan debt due to annual indexation, effective from June 1. The Albanese government …
- World
Elon Musk Slams Trump’s ‘Grand, Impressive Bill,’ Highlighting a Rift in Their Important Relationship
by adminElon Musk has openly criticised a key aspect of US President Donald Trump’s legislative agenda, signalling a significant rift in a previously strong partnership formed during last year’s election campaign. …
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In a significant policy announcement ahead of next year’s state election, the Victorian Liberals and Nationals revealed plans to abolish stamp duty for first-home buyers purchasing properties valued up to …
- National
Three Sentenced to Jail, 18 Facing Charges in Multi-Million Dollar Tax Fraud Scandal
by adminThree individuals have been sentenced to prison for tax fraud, while 18 others face charges related to extensive frauds involving financial institutions and government agencies, according to Queensland Police and …
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Rushing to complete your tax return as soon as the financial year ends might seem responsible, but it can lead to costly mistakes. According to CPA Australia, many taxpayers often …
- National
Tax Office Cautions Against Fraudulent Websites Disseminating False Superannuation Claims
by adminThe Australian Taxation Office (ATO) has issued a cautionary statement regarding misleading information circulating online, particularly claims suggesting that the age for accessing superannuation would rise to 70. In reality, …