Who pays tax on a child’s savings account depends on who really owns and controls the money, not on whose name is …

Australia does not have a general tax-free savings or investment account like the United States Roth IRA and 401(k) or the United …

You generally need to keep your tax records for five years from the date you lodge the return they relate to, not …

The ATO can see a great deal about your bank accounts, and in some situations it can take money from them, but …

When an account or an asset is held by more than one person, the interest or the capital gain is split between …

You do not always need an accountant for capital gains tax, but for anything beyond a simple, well-documented sale, one usually saves …