Business News

Yes, there are millionaires who pay no tax, but crimping deductions mightn't help

Written by Ann Kayis-Kumar, Senior Lecturer and Tax Clinic Director, School of Taxation & Business Law, UNSW

For some people tax time will result in no tax paid this year, and if past years are anything to go by, about 50 of them will be millionaires.

Not mere millionaires, but millionaires earning more than A$1 million per year.

For some of these 50 or so very high earners, managing tax will be expensive. The two dozen or...

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Yes, there are millionaires who pay no tax, but crimping deductions mightn't help

SBCo Appointed Strategic Communications Partner for THE PILLARS - Sydney’s Private Members Club

Will this budget really make housing fairer for more Australians? It’s a good start

Climate risk is changing where investors put their money – even as NZ relaxes disclosure rules

Despite some wins, this budget won’t transform regional Australia

Feeling the pinch? Here are some ways to find savings – and even fight inflation

Get ready for a budget slowdown. But Chalmers insists we won’t see a recession

Traditions of Rural Bali at Villa Sabana

NEW SOUTH WALES ABORIGINAL LAND COUNCIL LODGE COMPLAINT WITH THE AUSTRALIAN HUMAN RIGHTS COMMISSION ON CROWN LANDS BILL

Super has become a taxpayer-funded inheritance scheme for the rich. Here's how to fix it – and save billions

5 Steps for Creating Effective Solutions to UX Problems

here's what I think Australia should do

SME support in Federal Budget falls short of easing business pressures

Bunji dog treats to hit Ritchies shelves

Pre-Budget Expectations

“Time is running out to get Payday ready,” Brighter Super urges

PayNuts Unveils Expanded Integrated Solutions and Refreshed Brand to Support Australian SMEs

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

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