Transport is an important part of the Henry Tax Review, but the Government has not picked up any of the recommendations in this round of reforms. They seem to have their hands quite full at the moment.
It is disappointing, though, for people who have been talking about the problems with the fringe benefit tax, the system of lease-back cars, and the lack of facility to claim public transport use as a tax deduction.
Here are the relevant links taken from the Going Solar newsletter.
Australia’s Future Tax System
(Henry Tax Review) 2010
Consultation Paper, Section 12: Fuel, Roads and Transport
See: http://taxreview.treasury.gov.au/content/ConsultationPaper.aspx?doc=html/publications/Papers/Consultation_Paper/section_12.htm Final Report: Overview – Chapter 12: List of Recommendations
See Recommendations 9 (a) and 61-68: http://taxreview.treasury.gov.au/content/FinalReport.aspx?doc=html/publications/papers/Final_Report_Part_1/chapter_12.htm
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