The OECD’s recent Tax Policy Reforms 2018 – which covers latest tax trends among 35 countries – shows that several member countries have lowered taxes on businesses and individuals as part of their 2018 tax reforms.
Contrary to some expectations, this week the Tax Laws Amendment (Personal Income Tax Plan) Act 2018 was passed by the Senate, and received Royal Assent.
For several years now, KPMG has argued that the potential changes to the tax and transfer system need to be evaluated through a prism of gender equity.
An admirable tax initiative, but will the cuts provide the intended benefits?
The Mid Year Economic and Fiscal Outlook (MYEFO), released yesterday, presents an interesting close to a year that commenced with a glimmer of hope of grand tax reform. We learnt…
As the way we work, where we live and how long we are alive all changes, the question must be asked – where is our tax base going to come…
No one can predict the future – but we can be relatively confident that the Australian tax system in 2025 will bear the imprint of changes we are already seeing.
The expression “work related expenses” (WRE) is a label which refers to expenses claimed by an employee to be deductible on the basis that they are incurred in producing their…
Who needs tax reform when you have the Gregorian Calendar? Says KPMG Chief Economist Brendan Rynne.
The Treasurer, in his speech at the Press Club in Canberra yesterday, emphasised the need for restraint on public expenditure.