Tax Institute says review must include GST
Friday, 24 May 2013
Australia's leading professional tax body, The Tax Institute, contends that a review of the taxation system must include consideration of changes to the GST. A review would be likely if there is a change of Federal Government resulting from the election due to be held on 14 September 2013. Changes to be considered include an increase of the GST above the current rate of 10 percent and a broadening of the tax base, such as to include more food items. To learn more, click here.