Full-time workers’ average tax rates have also been steadily rising – with much of the tax burden falling on people in their mid-30s to 50s.
Members of Australia's Senate are questioning the use by law firms and their partners of a tax structure that lowers the amount of tax owed to the government. Law firm partner tax arrangements have ...
Jim Chalmers has unveiled a sweeping overhaul of Labor’s proposed tax on high-value superannuation balances, dumping the targeting of unrealised capital gains and revising key elements of the policy ...