The Latest Breaking News from Tax Return

Australians not declaring crypto investments and over-claiming work-related expenses to help with the rising cost of living could come under ATO fire.

If you use a tax adviser to complete your income tax return you’re not alone. Australians use tax advisers more than any other nation apart from Italy.

Save up to 90 per cent, and yes, you read that right. 🥵

HMRC encouraging other people to change their filing habits and follow suit

More than 66,000 people filed their 2021/22 return on April 6.

People are increasingly getting their tax returns in early, HM Revenue and Customs said.

By Abigail Perry Crypto is still a relatively new investment opportunity, and there are still many unanswered questions about how it fits into our tax laws. Well, the bad news for crypto investors: it is taxable. Despite being a digital asset, the IRS considers cryptocurrency holdings 'property'. This means they…

This controversial subset of the non-dom tax loophole allows people to avoid submitting a tax return to HMRC altogether

For small-business owners, preparing an income tax return is far from simple, which can increase the chances of making a mistake

If you owe the IRS money, filing your tax return late (or never) can cost you penalties and interest.

If you like to wait until the last possible minute to file your tax return, you should at least know how much time you have.