There are now just 10 days left in the 2024 Colorado legislative session. With a number of hefty bills still in the legislative pipeline, that means 10 days of long nights, voting marathons and hectic scrambling lie ahead of us. Or, to paraphrase how one senator put it to The Denver Post last week: Go … Read more
Tax time is nearing, with the financial year ticking over on July 1, 2024. If you are lodging your own tax return, you need to do so by October 31. Every year, the Australian Taxation Office (ATO) focuses on areas where taxpayers are prone — either accidentally or deliberately — to make errors, director of … Read more
Officials of a small South Bay high school district have put their thumb on the election scale by calling a special tax election for May 7. The Los Gatos-Saratoga Union High School District’s Measure A would impose a nine-year parcel tax to help cover operating costs starting at $128 annually and increasing with inflation. The … Read more
Australians were slugged a combined $304.8bn in Commonwealth income tax payments in the year to June 2023, its highest level ever, with revenue gushing into Treasury coffers due to near-record low unemployment, elevated wages growth and bracket creep. The average Australian 15 years and over paid $13,980 in Commonwealth income taxes over the 2023 financial … Read more
Fresh off a historic vote to advance a ban on many high-powered, semi-automatic guns, the Colorado House approved three more gun-related bills over the weekend — sending them across the Capitol for another round of debate. Those votes on Saturday were followed Monday by the state Senate’s final approval for two other gun reform bills … Read more
Gov. Jared Polis signed a bill into law Monday that officially eliminates most restrictions on how many unrelated roommates can live together in Colorado. House Bill 1007 prohibits local governments from enacting occupancy limits, which Polis and other critics of the policy have derided as discriminatory and outdated. Roughly two dozen Colorado cities have such … Read more
The months are flying by and 2024 is almost halfway through, meaning tax time is fast approaching. With just three months to go until it’s time to file, there’s no harm in starting to get your affairs in order. H+R Block Australia tax communications director Mark Chapman encouraged taxpayers to pull supporting documents together sooner … Read more
Colorado legislators will work through Budget Madness Part 2 this week, as the state’s spending plan for next year is set to pass the House on Monday before crossing over and restarting the process in the Senate. The House worked all day and into the night Thursday (before taking Good Friday off) to give initial … Read more
A bipartisan group of Colorado policymakers approved nearly a dozen recommendations to soften the pinch of property tax increases Friday, including an “adjustable cap” on future hikes and mechanisms to spread out hefty tax bills. State Sen. Chris Hansen is chairman of the state Property Tax Commission, which issued its recommendations Friday. (Photo by AAron … Read more
A TikTok posted on Tuesday has gone viral for highlighting that the Australian Government is offering millions of low and middle income earners up to $500 annually in “free” superannuation contributions — but there’s a catch. To get the cash boost deposited in their super fund after tax time, eligible Australians will need to fork … Read more
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