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The Latest Breaking News from Tax Return

Taxable income: Does having more than one job mean I pay more tax?

The Australian Tax Office (ATO) doesn’t care how many different sources of income you have, it just need to know how much your total taxable income is.

The New Daily

Tory leadership contest: Which candidates have pledged to publish tax returns?

Pledges come amid scrutiny on candidates’ financial affairs

The Independent UK

My wife died but she is being fined by HMRC for overdue tax return

It’s hard enough losing my wife without the Revenue chasing me for £300

The Guardian - UK

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Zahawi dismisses ‘smears’ about tax affairs as ‘inaccurate’ and ‘unfair’

The Tory leadership candidate pledges to publish his tax return annually if he is made prime minister.

The Independent UK

Nadhim Zahawi vows to publish tax returns if he becomes PM amid HMRC probe

Chancellor claims to be victim of ‘smear’ campaign as Tory leadership hopefuls make transparency pledge

The Independent UK

Here’s How To Easily Claim Your WFH Hours On Your Tax Return ‘Cos We All Deserve That Cash

The Australian Tax Office has made a tax return shortcut this financial year to help you claim cash back on all your working from home bills.

Pedestrian.tv

The major changes that will affect your future tax returns

If you've worked from home during the pandemic, you are likely to have used a shortcut method of claiming home office expenses that ended on June 30.

The New Daily

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How to Report Vested Benefits on Your Income Taxes

Vesting helps a business hold onto valuable employees by requiring them to stay with the company for a few years to get the maximum benefit.

The Street

‘Take your time’: ATO urges Australians to delay filing tax returns

Millions of Australians are expected to rush in and file their 2021-22 tax returns over the next month, with bumper refunds on the table this year.

The New Daily

Tax return Australia: what expenses can I claim if I’ve returned to the office for work?

So you’re leaving the house for work again, either some or all of the week: here’s what to do and what you can claim

The Guardian - AU

Tax return 2022: what expenses can I claim if I’m working from home?

From electricity and internet bills to printing paper and ink, here’s what the ATO says you can and can’t claim for your home office

The Guardian - AU

Preparing your tax return? Here are the COVID-19 tax deductions you may not have heard about

The clock is ticking towards the end of the financial year, which means it's time to start preparing your tax return. Here are some COVID-era deductions.

The New Daily

Trying to recoup the higher cost of living via your 2022 tax return? 'Not on', ATO warns taxpayers

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

ABC News

Does paying for tax advice save money? Only if you’re wealthy

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.

The Conversation

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The Street

How to File Tax Amendments

You filed on time, but realize you made a mistake. The IRS allows you to voluntarily correct errors you later discover by filing an amended tax return.

Pedestrian.tv

100+ EOFY Sales Worth Shopping Before They End On June 30

Hey, big spender.

The Street

4 Crypto Tax Myths You Need to Know

Interest in cryptocurrency has grown rapidly in recent years, bringing with it tax implications people should know.

The Street

Guide to IRS Tax Penalties: How to Avoid or Reduce Them

Here's how you can minimize or avoid the most common penalties imposed by the IRS.

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Daily Record

Lanarkshire customers among thousands who filed tax returns on first available date

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

Daily Record

HMRC confirms filing tax returns early this year could mean refunds are paid sooner

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

The Independent UK

Nearly 66,500 ‘early birds’ file returns on first day of new tax year

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

The Street

A Guide to Paying Quarterly Taxes

Here’s a closer look at how quarterly taxes work and what you need to know when filing your self-employed tax returns.

Benzinga

Trading Crypto? Here's What You Need To Know For Tax Time

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…

The Independent UK

What is ‘ghost dom’ status?

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

The Street

The Ins and Outs of the Child and Dependent Care Tax Credit

This credit "gives back" a portion of the money you spend on care for children or household members, and can significantly reduce your tax bill.

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