Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.

Taxpayers having business income are now required to provide the previous year’s details if they wish to opt out of the new ...

Budget 2025 puts an additional $398 million into tertiary education over four years, including to provide a 3% increase in ...

On May 22, 2025, the House of Representatives passed the One Big Beautiful Bill Act (OBBBA). Tax-related proposals contained in the OBBBA would ...

The proposed tax changes could make Australia’s superannuation system fairer – if unintended consequences are avoided.

The income tax filing for the financial year 2024-25 is just around the corner. Taxpayers will file their income tax in the ...

According to the Income Tax Act, everyone should file the income tax return by the due date. However, you may not file the ...

Budget 2025 has given businesses a welcome boost to tax deductions for investing in assets. While speculation has been rife ...