25 June, 2019
Taxpayers Australia today expressed concern about the fact that the tax reform conversation appears to have given way to an early Federal Budget and a possible double dissolution election.Tax reform: Has the dialogue ended? Prime Minister Malcolm Turnbull has announced that the Federal Budget will be held on May 3 and that Federal Parliament will
[ Read More ]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
[ Read More ]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
[ Read More ]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
[ Read More ]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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