Australia: New tax working group has been announced

17 October, 2011

A new tax working group has been announced in Australia to look at reforms that could increase productivity and deliver tax relief to struggling businesses. Developing a set of savings options within business tax, such as broadening the base and

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Australia: Introduced Carbon tax bill

15 September, 2011

After months of controversy the Australian government has finally introduced the carbon tax bill into parliament. The legislation will be effective from July 1, 2012. After long scientific research and economic analysis the government has decided

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Australia:Proposal to reduce tax savings

13 July, 2011

Australian government has published a discussion paper on the proposal to reduce the taxation on the interest income on savings by 50%, as proposed in the 2010-11 Budget. It is expressed that the introduction of the discount will benefit more than

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