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

oOh!media puts Neon up in lights

oOh!media has transformed its high-impact Panorama sites across the country for a campaign to mark the merger of Neon and Lightbox under the Neon brand. Sky’s ‘Get it on Neon’ campaign...

A Fantastic Trip To Melbourne, Australia With Minimal Spending? Here’s How?

Famed for the iconic Melbourne cup horse race, Melbourne, Australia ranks as one of the best travel destinations worldwide. It offers tourists an escape from the hustle and bustle of...

Baking Tools and Equipment Your Bakery Needs

It can be hard to resist the smell of fresh bread or devouring a freshly baked cake. Fortunately, some people have a knack for kneading dough and baking up a...

Coasting through Australia: 5 things you need to know

No matter where you choose to explore, you can never go wrong with Australia. The best time to spend time on the water in Australia is during the autumn and...

Smart Lock: The Future of Home Security and Convenience

A smart lock has revolutionized the way people think about home security. Moving beyond traditional keys and mechanical locks, smart locks bring technology and convenience together, offering homeowners and businesses a new...

Discover the Benefits of Lifestyle Awnings for Your Home

Image by evening_tao on Freepik Adding shade and style to your outdoor space is easier than ever with Lifestyle Awnings. Whether you want to enjoy your backyard comfortably, protect your...

Could You Furnish and Equip a Whole House with IKEA Products?

IKEA has long been known as the global giant of affordable, ready-to-assemble furniture. From minimalist Scandinavian sofas to clever kitchen gadgets, the Swedish retailer has built its reputation on making...

How Pest Control Albury Protects Homes And Businesses From Harmful Pests

Residents and business owners in regional New South Wales understand the challenges that seasonal pests can bring. Many turn to Pest Control Albury to keep their properties safe, hygienic and free...

Buy Tyres Online: A Smarter Way to Choose Performance and Value

The way people shop for automotive essentials has changed significantly, and tyres are no exception. Today, many drivers prefer to buy tyres online because it offers convenience, a wider choice, and...

hacklink hack forum hacklink film izle hacklink testjetbahistipobetrocket play casino australiapadişahbetgalabetNon GAMSTOP Casinosbeste online casinonon GamStop casinos UKmeritkingNon GamStop Sitesmatbet