capital gains tax

Despite being used by less than 1.06 million Australians (or 4.1 per cent of the population) in the latest available data, negative gearing is a hotly debated issue and seen by many as political Kryptonite for governments and oppositions…

Anthony Albanese has hosed down suggestions Labor will curtail tax breaks for Australians who own investment properties — at least before the next election.The Prime Minister attempted to shut down debate within the party over its housing…

Millions of Australians will see their tax reductions shrink by as much as $1500, as the Australian Taxation Office cracks down on rental property investors after a shocking number of incorrect returns were uncovered.ATO Assistant…

Adam Bandt has sensationally accused Anthony Albanese of caring more about missiles and tax cuts for the well-off than Australians struggling with the cost of living. In his address to the National Press club on Wednesday, the Greens leader…

Anthony Albanese is under renewed pressure to provide financial relief for struggling renters or face an embarrassing defeat on one of his cornerstone election promises. Greens leader Adam Bandt will use an address to the National Press…

The Income Tax Department has notified the Cost Inflation Index for the current fiscal beginning April 2023, for calculating long-term capital gains arising from sale of immovable property, securities and jewellery. …

Peter Dutton has vowed to repeal Labor’s superannuation tax hike should the Coalition be returned to power, warning voters that they’ll be next on the government’s “hit list”. Tax on superannuation earnings for balances with more than $3m…

Prime Minister Anthony Albanese has been forced to rule out tax changes to the family home as “a bad idea” after Treasurer Jim Chalmers failed to rule it out on Sunrise.During a fiery round of breakfast TV interviews in the wake of proposed…

…

…