Weekend Times


Google Workspace

Business News

Yes, there are millionaires who pay no tax, but crimping deductions mightn't help

  • Written by Ann Kayis-Kumar, Senior Lecturer and Tax Clinic Director, School of Taxation & Business Law, UNSW
Yes, there are millionaires who pay no tax, but crimping deductions mightn't helpFiona Smallwood/Unsplash, CC BY-SA

For some people tax time will result in no tax paid this year, and if past years are anything to go by, about 50 of them will be millionaires.

Not mere millionaires, but millionaires earning more than A$1 million per year.

For some of these 50 or so very high earners, managing tax will be expensive. The two dozen or...

Read more: Yes, there are millionaires who pay no tax, but crimping deductions mightn't help

The Weekend Times Magazine

House Builders in Melbourne Delivering Homes Built for Modern Living

Choosing the right house builders Melbourne is one of the most important steps in creating a home that feels comfortable, functional, and built to last. House builders play a central role...

Trading With Quantum AI: A How-To Guide

Quantum AI can be used in any country where retail CFD trading is legal. The site does warn that registration spots are limited, so your first try might not be successful. If...

Horse Float Maintenance: Keeping Your Investment in Top Shape

Horse floats are equipment that are required for the safe and efficient transportation of horses. Long life and performance are assured with proper maintenance. Safety risks and structural damage may...

Strong Australia panel interview with Kieran Gilbert

Kieran Gilbert, chief news anchor Sky News: The Business Council of Australia continued its Strong Australia series today. This time the spotlight on the city of Wagga. How are regional cities...

The official ANZ launch of EPOS

Sydney - Following a panel discussion with Australian businessman Mark Bouris and panellists Alyce Tran, Scott Bidmead and Jahan Sheikh from Microsoft EPOS was launched. Attendees experienced...

Rodent Control: Effective Strategies to Protect Your Home and Health

Rodent control is an essential part of maintaining a safe and healthy environment in both residential and commercial properties. Rodents, including rats and mice, are not only a nuisance but...

Aussie Rules Football History

One of the things that make Australia truly unique is its own version of football. Called Australia rules football, this sport precedes other contemporary football games in generating an official...

Republicans have used a ‘law and order’ message to win elections before. This is why Trump could do it again

In 1991, Donald Trump’s mother, Mary, was mugged on a New York street. As Trump’s niece recounts in her new book, the young assailant slammed Mary’s head into her Rolls...

Understanding the Power of Smart Home Automation in Modern Living

Technology is no longer confined to our pockets and workplaces—it has made a confident entrance into our homes. Among the most impactful technological trends reshaping domestic life is smart home...