The Latest Breaking News from Tax Return

A former accountant to an Aussie media mogul has put their money where their mouth is and spilled all their tips and tricks on navigating the treacherous tax season. Allan Mason, who was the former accountant of billionaire Kerry Packer — yes, the father of James Packer, AKA Mariah Carey‘s…

"When you think you're getting a fat cheque but you really owe the government."

Australians may be hanging out for the new financial year as cost-of-living pressures bite, but there are reasons to expect a smaller tax return this year.

The fines were handed to people who earned less than the personal allowance - which is the amount you can earn before you start paying tax and currently sits at £12,500

Penalties relate to people paid less than the UK personal allowance in 2020-21 tax year, prompting calls for reform

My brain is growing biggerer.

Revenue revealed that hundreds of thousands of extra people submitted an income tax return last year than the previous one

The first step in getting your head around your 2023-24 tax return is working out what evidence you have for claims.

Inside the super co-contribution scheme — the little known tax hack that might gift you with a juicy $500 right into your super account.