Mr Taxman
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Sharing it with Australia, Mr Taxman is a regular Woman’s Day columist and TV finance commentator
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Tags: GST

Australia's Goods & Services Tax (GST) is predicted to increase as pressure mounts on the Federal Government to fund its recent spending, including the recently minted COAG hospitals agreement.

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Accountant may seek compensation from the Australian Taxation Office (ATO) as a result of damage to their reputation and bottom lines following problems flowing from the ATO’s switch to a new IT system.

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Accountants have flagged they may sue the Australian Tax Office (ATO) over a computer glitch holding up the processing of refunds.

Growing Interest

Feb 24, 2010

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Opening a savings account as a child can help people build disciplined financial skills for life.

Auditors are coming

Apr 09, 2009

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Taxpayers should expect an increase in audit activity by the ATO over the next 12 months

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comments-rhsLatest Comments

  • "A really interesting question Mel. Whilst negative gearing of a rental property is great for the higher earning spouse as there is a nice tax deduction which comes back to them, it comes to bite..."

    By: Mr Taxman at Mar 04, 2020 9:36PM

    Post: Marriage

  • "Your refund is your asset. It would be up to the courts to determine if you have to share your assets when you settle your split."

    By: Mr Taxman at Mar 04, 2020 9:28PM

    Post: Marriage

  • "Sorry to hear Emma. Generally speaking when it comes to completing your income tax return and including spouse details, a spouse includes another person who: * you were in a relationship with that..."

    By: Mr Taxman at Mar 04, 2020 9:22PM

    Post: Marriage

  • "Admittedly not too much depreciation with a 2011 car but there will still be a few $$$ there still. My motto is that you would pick up $20 if it was on the ground so why not claim it in your tax..."

    By: Mr Taxman at Mar 04, 2020 8:59PM

    Post: Claiming car expenses

  • "Geez 15 hours is a long shift. I certainly hope you get some breaks during the week. Generally, meals are considered a private expense. You can only claim a deduction for meals when you receive..."

    By: Mr Taxman at Mar 04, 2020 8:48PM

    Post: Claiming car expenses