Federal Budget 2024: Australia has made its future, but leaves small...
Treasurer Jim Chalmers presented his third Federal Budget on 14 May. The small businesses temporary instant asset...
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Hangovers from the previous government could be stumbling blocks for Labor, said Scott Treatt and Robyn Jacobson of the Tax Institute on this week’s Accountants Daily podcast.
Mr Treatt, who is head of tax policy and advocacy at TI, said putting major tax reform on the agenda was a challenge and one “classic example” of traditional thinking was the fuel excise reduction in the March budget.
“Imagine reform that actually dealt with that with a future vision instead of going, ‘Oh, actually, let's just revert it back up to deal with what we've always done in the past’,” he said.
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