Press Releases

Boost public trust and confidence in the ATO through good governance

Taxpayers Australia has called for the appointment of a board of directors to the Australian Taxation Office (ATO) and increased powers for the Inspector-General of Taxation (IGT) in a submission to an inquiry on the external scrutiny of the ATO being conducted by the House of Representatives standing committee on Tax and Revenue. Boost public

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Taxpayers welcomes government’s rethink of backpacker tax

Taxpayers Australia welcomes the Federal Government’s decision to reconsider its stance on taxing holidaymakers from the first dollar earned and forcing farmers to collect withholding tax from their non-resident casual workers. Taxpayers welcomes government’s rethink of backpacker tax Current rules entitle the so-called “backpackers” to a tax free threshold, ensuring a stable source of labour

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Has the CGT discount reached its expiry date for investment property?

The government should urgently review the current capital gains tax (CGT) discount rules that apply to investments held for more than a year with a view to removing the generous discounts available to short-term investments. Has the CGT discount reached its expiry date for investment property? The CGT general discount was introduced in 1999 as

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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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