but they can face big penalties for failing to file a US tax return each year. Dear Ms Wise, I hold dual US and Australian citizenship as my father is American. I was born and raised in Australia ...

Xero released research revealing many Australians are heading into this end of financial year period concerned and confused ...

ITR Filing 2025: For the financial year 2024–25 (assessment year 2025–26), the Income Tax Department has already released all forms—from ITR-1 to ITR-7. To file your Income Tax Return (ITR) on the ...

While Form 16 provides details of your salary, tax deductions, and exemptions, it’s not the only way to file your return. Trending Photos New Delhi: The Income Tax Department has released all ITR ...

As income tax return (ITR) filing season is here, taxpayers will start filing their returns as soon as the excel utility is released. The tax department has already notified various tax forms ...

Digital Form 16 is an electronic version of the traditional Form 16. It's generated directly from the TRACES portal, which is managed by the Income Tax Department. This means all your salary details, ...

It’s a great shame that the Coalition failed to mount a serious challenge to Labor’s super tax proposal during ... Treasurer Jim Chalmers told The Australian Financial Review’s ...

For income earned during FY 2024-25, the Income Tax Department has issued the ITR Form (ITR-1 to ITR-4) updated to file returns in AY 2025-26. The purpose of these changes is to simplify tax ...

Australia needs to create a “more friendly” tax environment to allow the start-up economy to thrive and attract more workers to the tech sector, Xero CEO Sukhinder Singh Cassidy says.

The Income Tax Department ... has notified seven ITR forms this year too. In this write-up, we will discuss ITR Form 1, also known as ‘Sahaj’ and understand who can file this form and who ...

The Albanese government has revived legislation to impose a 30 per cent tax on super funds above $3 million, including on unrealised capital gains. Read More Up Next ...

Daily Mail Australia looks at what can and can't be claimed as a tax deduction. No receipts under $300 Australians doing their tax return for 2024-25 don't need receipts if all their work-related ...