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Australians are facing huge increases in the cost of a pint, with the country’s beer tax registering its biggest increase in more than 30 years. Starting Monday August 1, beer taxes are up 4 percent, adding about 80-84 cents to the price of a pint of the much-loved yellow liquid. This means you may soon be paying $15 for your favorite glass. And there is no escape for those who buy their beer cheaply. The beer tax will increase from $53.59 to $55.73 per liter of alcohol content, raising the tax on cartons by about 80c, to $18.80. Watch the latest News on Channel 7 or stream for free on 7plus >> The tax on the vat would jump by about $4, raising the cost to almost $74. Because of these price increases, Brewers Association of Australia chief executive John Preston warned that customers may now have to pay $15 for a pint at their local pub or bar. “For a small pub, club or other venue, the latest tax increase would mean an increase of more than $2700 per year in their tax bill –

It seems that the Victorian ‘debate’ on Road User Fees (RUC) has been described by the Victorian Government as one of two positions – those who support the RUC, and those who are painted as fully accepting the need for it and how it works, and those who complain and are painted as ‘ tax evader’. Unfortunately, this reminds me of the bad past of previous federal governments targeting beneficiaries for savings through automated (and disabled) benefit accounting systems, while characterizing recipients and advocacy groups as ‘money crooks’ or their supporters. That puts me in an awkward position, because I’m both: support RUC in general and its transition to a new form to include electric vehicles (EVs) when the EV Transition itself occurs (after all, we already paid for it based on distance traveled via a gasoline per liter tax – which will disappear as fossil fuel sales decline) and both from personal experience (and reports coming in from readers of TheDriven), find RUC Victoria’s curr

Thousands of Australians have been duped for shrewd tax-related behavior with those in the building and construction sector topping the list. Aussies across the country made a total of 43,000 tip-offs to the Australian Tax Office (ATO) in the 2021-22 financial year, with businesses, customers, employees and members of the public picking up the phone to report suspected violators. Hairstyling and beauty services came second on the list, followed by cafes and restaurants, road transport, and related management advice and consulting services. More than 13,400 calls were made to ATOs in the state, followed by Victoria, 11,500, and Queensland, 9,200. While Sydneysiders are the main culprits, Australians in regional locations are also exposing their alleged local criminals. Sunshine Coast Hinterland and Cairns in Queensland, Wellington in Sydney and Wodonga and Mornington Peninsula in Victoria were among the top five regional locations for tip offs – nearly 7,000 calls came from people outsi

Finance professionals reveal FIVE of Australia’s most neglected tax deductions that can earn you thousands of dollars The Director of Tax Communications has revealed an easy way to lower your taxes Little-known deductions include claiming back from professional membership It is also recommended that insurance premiums against loss of income be deductible By Bridie Pearson-jones For Daily Mail Australia Published: 9:31 PM EDT, 14 July 2022 | Updated: 9:31 PM EDT, 14 July 2022 A financial expert has revealed five of Australia’s most neglected tax cuts – including not claiming professional membership and forgoing property rental fees. Mark Chapman, Director of Tax Communications, H&R Block told Yahoo Finance how Australians can claim back thousands of taxes as many prepare to file in the coming weeks. First, he suggests claiming a membership fee for any professional or trade association of which you may be a member.