Press Releases

Single-issue politics does not equal balanced tax reform

The constructive debate over tax reform initiated after the launch of the tax white paper appears to have been hijacked by political point-scoring in recent times, Taxpayers Australia said today. Single-issue politics does not equal balanced tax reform Moti Kshirsagar, Taxpayers Australia’s chief executive officer, said it was especially disappointing to see the structured and

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Keep the $20,000 small business write-off

Taxpayers Australia Ltd has called for the government to make permanent the $20,000 threshold for the small business instant asset write-off in its pre-Budget submission. Keep the $20,000 small business write-off “The new $20,000 threshold is so far achieving its goal of encouraging more small businesses to invest in productive assets,” says the chief executive

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White paper debate on tax reform continues

Taxpayers Research Foundation Limited, a wholly owned subsidiary of Taxpayers Australia Limited, has commissioned a white paper to contribute to the ongoing debate in relation to Australia’s long-term taxation policy. The paper addresses a number of major deficiencies in Australian taxation policy. White paper debate on tax reform continues “In conjunction with the Re:think submissions,

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Taxpayers hosts roundtable with Inspector-General of Taxation

Taxpayers Australia has hosted a successful and productive round table with the Inspector-General of Taxation Ali Noroozi. Taxpayers hosts roundtable with Inspector-General of Taxation Members of Taxpayers Australia had the opportunity to raise a range of concerns related to tax administration in Australia. Individuals present were also given a general overview of the Inspector-General’s remit,

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Minimum percentage factors for account based pensions are unrealistic

Account based pension statutory percentages are too high in these economic times where deposit interest rates offered by financial institutions are hovering at all-time lows.  When in pension mode, the drawdown amount, based on age and statutory percentages, can cause excessive erosion of fund balances that are made up of cash, term deposits and fixed

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