#Henry Tax Review
Calls for carbon tax to top agenda at Government Tax Forum
The Tax Institute is calling for the Federal Government to double the duration of its planned two-day Tax Forum in October, and place the carbon tax at the top of the agenda.
Surviving the government’s small business tax crackdown
The recent news that the Federal Government is pushing the National Tax Summit to October and will not be covering key tax issues such as GST, the proposed carbon tax and the mining tax is worrying.
The Henry Tax Review: what it means for businesses
If the changes suggested in the Henry Tax Review are introduced by Government, what will it mean for small businesses? Blogger Julian Smith explains some key changes.
Government urged to reconsider GST
The National Institute of Accountants (NIA) is using the recent tax review to urge The Government reconsider its position on the GST.
QRC demands QLD Premier Bligh reject Super Profits Tax
The Queensland Resources Council (QRC) is meeting with Queensland Premier Anna Bligh and Treasurer Andrew Fraser to discuss their opposition to Kevin Rudd’s Super Profit Tax.
What to look for in the 2010 Federal Budget
With the ink dry on the government’s response to the Henry tax review, the Institute of Chartered Accountants in Australia is turning its temporary attention to next week’s Federal Budget.
Deconstructing the Henry Tax Review
There are three things for small business to take away from the government’s tax reforms:
“Don’t cut out small business tax cut” begs small business
Small businesses are concerned that the Government’s small business tax cuts announced on the weekend might be cut out before they are even enacted.
Abbott rejects Super Profit Tax – risks business tax relief
Tony Abbott has rejected Kevin Rudd’s plans for a Super Profit Tax on miners after meeting with mining executives in Canberra today.
Fallout as Henry Review concludes an SME is not an SME!
You’d have to be living under a rock this week, not to have heard about the Henry Tax review and the Rudd government’s response. Business commentators and agencies are in full swing passing judgement on a raft of issues.
SMEs may be hindered by Rudd’s mining ‘Super Profit Tax’
Small business supplying the mining industry will be hit hardest by the Henry Tax Review with the Rudd Government’s ‘Super Profit Tax’, particularly sub-contractors to mines operating as sole traders.
Lowest paid lose with Henry Review superannuation changes
The lowest paid workers will lose out under the Henry Review superannuation changes, with employers forced to cut wages to pay the increased superannuation rate.
Henry Review won’t change need for professional tax help
The Federal Government should bite the bullet on one of the key recommendations in the Henry Review and allow pre-filled income tax returns for most Australians, the Taxation Institute said today.
Small business costs increase $26.6b due to Henry Tax Review
Small business is expected to cop a $26.6 billion increase in costs as a result of the Henry Tax Review due to increases in the compulsory superannuation rate.
Henry Tax Review the cure for Australia’s ‘two speed economy’
The Henry Tax Review changes will address the ‘two speed economy’ with mining increasingly leaving behind small business and NSW and Victoria being met with an ‘unfair’ interest rate burden.
Business needs guarantee Henry Review won’t up admin burden
The Federal Government is being called on to provide a guarantee to Australia’s 1.9million business owners that their administrative burden will not increase as a result of the Henry Review.
Henry Tax Review “No commitment to serious tax reform”
The Federal Government’s policy prescriptions as a result of the Henry Tax Review show “No commitment to serious tax reform” concludes Tax Counsel for the Institute of Chartered Accountants, Yasser El-Ansary.
Henry superannuation reforms “bold, forward looking action”
NAB and MLC have come out in support of the Henry Tax Review superannuation reforms taking compulsory superannuation from 9 up to 12 percent from 2012.
Henry Tax Review an anti-climax – doesn’t go far enough
The Henry Tax Review, including the Government’s response, has not gained an enthusiastic response from accountants.
Small miners the big winners from Henry Tax Review
Big miners are the losers and small explorers are the winners from the Federal Government’s response to the Henry Taxation Review.
Henry Review superannuation changes will hurt small business
Federal Government changes to superannuation in response to the Henry Review will increase will harm small business says accounting firm BDO and COSBOA.
Small business’ the big winner with Henry Tax Review
The Henry Tax Review signals big returns for small businesses, with cuts to company tax and long overdue changes to depreciation write off thresholds.
‘Super Profit Tax’ will kill $100b of QLD resource projects
The Henry Tax Review’s ‘Super Profit Tax’ on mining has put up to $100 billion worth of projects in jeopardy the Queensland Resource Council (QRC) says.
Hospitals, schools and charities threatened by Henry Tax Review
Hospitals, schools and charities are all under threat by the Henry Tax Review’s proposed changes to Fringe Benefits Tax concessions according toaccounting firm BDO.