Oct 2009

ATO has truckies, sales reps and electricians in its sights

CANBERRA, June 12 AAP – If you are a truckie, sales and marketing manager or electrician, watch out – the tax office has you in its sights. Australian Tax Office official Jennie Granger says there is concern tough economic times will encourage more people to fudge their tax returns this year. “Deductions for work-related expenses are one of the largest categories of claims made in...

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Jun 2009

Swan rules out any increase in GST rate

A federal government review of taxation will not consider any increase in the rate of GST, federal Treasurer Wayne Swan says. The Business Council of Australia, in a submission to the Henry review, has called for a halving of the company tax rate to 15 per cent and an unspecified increase to the GST. No government would be able to balance its budget without a...

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