Streamlined regulation to create a more seamless national economy was one of the “quick wins” Treasurer Jim Chalmers committed to at the conclusion of last August’s Economic Reform Roundtable in Canberra.Ironically, 12 months later, the changes to investment taxation concessions Chalmers announced in the May budget are snaring small and medium businesses in costly compliance red tape and tax implications under Australia’s federal system.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Business hit again by fallout from Labor’s tax changes
Instead of a plan to achieve lower, simpler, more competitive taxes, the focus is on how business avoids the fallout of Labor’s bigger taxing, more complex tax policy.
85 words~1 min read
