With an onslaught of extra people working from home thanks to COVID-19, tax-time in 2020 could look a little different from previous years.
It’s officially tax time again, fellow taxpayers, which means we can expect an onslaught of Aussies seething as they watch their mates cop a small fortune while they’re left with pennies.
Tax time can be painful or highly anticipated. Dr Adrian Raftery outlines the traps and tricks.
Running late with your tax? You could get slugged financially if you miss the deadline unless you make a few simple moves.
Billions of dollars in tax deductions are likely to be missed this year as employees, sole traders and other business owners fail to claim enough work-related kilometres they drive.

comments-rhsLatest Comments

  • "Hi, my partner just purchased a new car for work purposes only. He carries bulky equipment and has been able to claim in the past. My vehicle and his old vehicle are used for personal use and the new..."

    By: Kim H at Jan 20, 2022 8:55AM

    Post: Claiming car expenses

  • "Hi, my partner just purchased a new car for work purposes only. He carries bulky equipment and has been able to claim in the past. My vehicle and his old vehicle are used for personal use and the new..."

    By: Kim H at Jan 20, 2022 8:55AM

    Post: Claiming car expenses

  • "Hi, my partner just purchased a new car for work purposes only. He carries bulky equipment and has been able to claim in the past. My vehicle and his old vehicle are used for personal use and the new..."

    By: Kim H at Jan 20, 2022 8:55AM

    Post: Claiming car expenses

  • "Hi Mr Taxman. I am starting to trade forex. I live in australia and can either choose an australian broker to use or I am keen to use an american broker. If I go with the american broker will it..."

    By: Lisa at Jan 01, 2022 3:31AM

    Post: Foreign currency trading

  • "Hi Mr Taxman. I am starting to trade forex. I live in australia and can either choose an australian broker to use or I am keen to use an american broker. If I go with the american broker will it..."

    By: Lisa at Jan 01, 2022 3:31AM

    Post: Foreign currency trading