Tax reform: Has the dialogue ended?

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 be recalled to debate legislation aimed at restoring the Australian Building and Construction Commission (ABCC).

“Taxpayers Australia and other constituents entered into the tax reform discussion in good faith, believing that this was a genuine attempt at dealing with reform,” said Moti Kshirsagar, the chief executive officer of Taxpayers Australia.

“Reform to our tax system has now assumed a lower priority with the focus shifting to other political objectives.”

“It is critical that we examine the complexities, fairness and equity of the current system with a view to improving the system and the way in which it affects the needy and those on low incomes. Nonetheless, it is disappointing to see the tax reform process, which once promised so much, deliver so little.  It now appears that all the hard work of the constituents may be wasted as we head towards an election.”

ENDS

Note to editors: If you’d like more information about this topic or to schedule an interview with Taxpayers Australia’s Business Services Manager, Lisa Greig, please call her on (03) 8851 4505 or Roseann Tanner on (03) 8851 4504 or email rtanner@taxpayer.com.au.

Taxpayers Australia is a not-for-profit organisation committed to a fairer and more transparent taxation system for every Australian taxpayer. Its aim is to provide taxation practitioners, superannuation professionals, small businesses and individuals with up-to-date, informative and above all understandable information about taxation – to ensure that every Australian pays the right amount of tax and not a cent more.

Taxpayers Australia is a not-for-profit organisation committed to a fairer and more transparent taxation system for every Australian taxpayer. Its aim is to provide taxation practitioners, superannuation professionals, small businesses and individuals with up-to-date, informative and above all understandable information about taxation – to ensure that every Australian pays the right amount of tax and not a cent more.

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