Both the Conservatives and Labour have promised not to raise income tax, national insurance or VAT should they win the election – but most voters don’t believe them.
Articles on Income tax
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Many older people fear being pulled into income tax as the state pension climbs closer to the tax-free allowance.
Everything you need to know about income tax, national insurance and more.
Can the chancellor move the dial on the Tories’ grim polling?
High earners aren’t particularly highly taxed by historical standards, and the earlier stage didn’t do much for low earners.
The rules on what counts as taxable income haven’t changed.
Life hasn’t been this unaffordable in Australia in 40 years. There’s still time to redesign tax cuts starting next July – which would give $9,000 to high earners but just $1,000 to ordinary earners.
You may feel little sympathy for people in the top bracket of earnings, but don’t let that stop you reading. Like it or not, their views and actions matter to everyone
Purporting to distribute money to children to take advantage of their tax-free thresholds sends
a message about how important it is to be truthful when complying with the tax law.
New Zealand’s ‘one percent’ pay lower tax rates than ordinary earners – just don’t expect any big changes to tax policy in the near future.
The federal government wanted to give taxpayers a couple months to prepare the year’s taxes. But as filing became more complex, the date was pushed back.
Heading into the 2023 election, politicians and commentators have said New Zealand’s tax needs to be fairer. But opinions on how to make the system fairer vary wildly.
Australian landlords pay $1 billion less tax per year than the Tax Office believes they should, with almost all of the ‘errors’ in their favour.
By sticking to a tax-cut plan made in 2018, the Albanese government must choose between debt and services.
The tax cuts only look big when compared to no cuts, an alternative that isn’t realistic.
Some earners will take home less after a tax switch legislated years ago and now supported by both sides of parliament.
Taxes are more than mandatory payments required by governments. Understanding the essential aspects of taxation can help prevent ethically and legally questionable taxes from being imposed.
Adjusting tax brackets in line with inflation would ensure voters who wanted more government spending would also have to vote for more tax.
The IRS has yet to finish millions of returns from the 2021 tax season. That doesn’t bode well for 2022.
The 2017 tax cuts put a $10,000 cap on the deduction for state and local taxes. The richest households would see the biggest gains from eliminating or raising the cap.
Top contributors
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Professorial Fellow, University of Canberra
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Associate Professor, POLIS@ANU Centre for Social Policy Research, Australian National University
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Senior Associate, Grattan Institute
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Visiting Fellow, Tax and Transfer Policy Institute, Crawford School of Public Policy, Australian National University
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Democracy Deputy Program Director, Grattan Institute
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Scientia Professor of Economics, UNSW
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Chief executive officer, Grattan Institute
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Director, POLIS: The ANU Centre for Social Policy Research, Australian National University
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Vice-Chancellor’s Fellow, University of Tasmania
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Professor Emerita of Law, Vanderbilt University
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Lecturer in Accounting, Edinburgh Napier University
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Associate Professor of Business, Boston University
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Visiting Professor of Tax Law, New York University, and Professor of Law, The University of Melbourne
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Professor of Economics, Director of the Australian Institute for Business and Economics, The University of Queensland