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Tax

Tax return deadline on October 31 looms as Aussies face $313 fine for missing due date

by Abhishek soni
Tax return deadline on October 31 looms as Aussies face 3 fine for missing due date

The countdown is on for Australians to lodge their tax returns before the upcoming cut-off, but some are choosing to risk a $313 fine by putting it off. More than …

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Categories Lifestyle

Santa Clara County’s biggest property taxpayer is a tech titan: report

by Adrian Jhonsan
Santa Clara County’s biggest property taxpayer is a tech titan: report

SAN JOSE — Tech companies dominate the list of Santa Clara County’s 10 largest commercial property taxpayers, a compilation that reads like a who’s who of the nation’s tech sector. …

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Categories World

Tax return deadline looms as Aussies face $313 fine for missing due date

by Abhishek soni
Tax return deadline looms as Aussies face 3 fine for missing due date

The countdown is on for Australians to lodge their tax returns before the cut-off, or cop a “stiff fine” worth hundreds of dollars. More than 7.9 million people have already …

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Categories Lifestyle

The scam targeting taxpayers by masquerading as the Australian Taxation Office: ‘Do not engage’

by Abhishek soni
The scam targeting taxpayers by masquerading as the Australian Taxation Office: ‘Do not engage’

A scam targeting Australian taxpayers is becoming increasingly common, the Australian Taxation Office (ATO) says. Emails are being sent out, claiming to be from “myAu Tax Office”, saying additional details …

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Categories Lifestyle

Rich People Use Foreign Flags On Their Boats To Avoid The Law

by Adesola Mojo
Rich People Use Foreign Flags On Their Boats To Avoid The Law

Image: Imperial Yachts It may come as no surprise to you that wealthy people and multi-billion dollar corporations will do whatever it takes to skirt paying taxes or following regulations …

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Categories Automobile

Finance: Expecting a robust tax surplus, Centre anticipates additional funds for spending

by Craig Fedirighi
Finance: Expecting a robust tax surplus, Centre anticipates additional funds for spending

NEW DELHI: The Centre is relying on the strong tax collections seen in the beginning of the year to meet its budget target, just like last year. This will provide …

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Categories Business

‘Perfect Storm’-Like Insolvency Surge Ravages Australian Businesses

by Adrian Jhonsan
‘Perfect Storm’-Like Insolvency Surge Ravages Australian Businesses

Cash-strapped businesses are buckling under pressure from the Australian Taxation Office and other creditors as the insolvency trickle turns into a “surge”. That’s the verdict from comparison site Insolvency Australia, …

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Categories World

Alcohol Tax Increase of 2.2% on Tuesday Signals Another Rise in Beer Prices

by Abhishek soni
Alcohol Tax Increase of 2.2% on Tuesday Signals Another Rise in Beer Prices

The price of a pint is set to rise as the bi-annual tax on alcohol increased by another 2.2 per cent on Tuesday, according to the Australian Taxation Office. But …

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Categories Lifestyle

Nirmala Sitharaman: Over 7.4 crore ITRs filed in FY23, with over 5.16 crore reporting zero tax liability

by Craig Fedirighi
Nirmala Sitharaman: Over 7.4 crore ITRs filed in FY23, with over 5.16 crore reporting zero tax liability

NEW DELHI: Number of entities, including individuals, who filed income tax returns increased by 6.18 per cent in 2022-23 to over 7.40 crore, of which about 5.16 crore declared zero …

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Categories Business

Major Tax Increase Expected as Australia Ends Middle and Low Income Tax Offset

by Craig Fedirighi
Major Tax Increase Expected as Australia Ends Middle and Low Income Tax Offset

Millions of Australians are set to feel one of the biggest tax increases in history due to the expiration of a super-sized tax offset. The $11 billion low and middle …

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Categories Business
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