Incoming Government Brief

On 3 June 2022 Tax & Super Australia wrote to the Treasurer, The Honourable Jim Chalmers MP, making note of the political, fiscal and social challenges the incoming government will need to consider in reforming tax and superannuation legislation that is a fundamental part of the…

On 3 June 2022 Tax & Super Australia wrote to the Treasurer, The Honourable Jim Chalmers MP, making note of the political, fiscal and social challenges the incoming government will need to consider in reforming tax and superannuation legislation that is a fundamental part of the economic and financial position of Australians and making a submission which is inclusive of a menu of tax and superannuation measures that require attention in the short-term, noting that there are a range of long-term, bigger picture issues that also need to be addressed (e.g. the expansion of the GST, a streamlining of the FBT regime, the simplification of the employee/contractor distinction, and reform in the taxation of closely held trusts).

Read the full brief here.