GST on Building Materials

Summary of proposal

The proposal would remove the Goods and Services Tax (GST) on residential building materials at the final point of sale. Under the proposal new residential buildings would be effectively exempt from GST. 

The exemption would not include renovations and additions, and the Commonwealth would compensate states and territories for any decrease in GST revenue. 

The policy would commence on 1 January 2025, and conclude after 5 years. 
 

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GST on Building Materials

Summary of proposal

The proposal would remove the Goods and Services Tax (GST) on residential building materials at the final point of sale. Under the proposal new residential buildings would be effectively exempt from GST. 

The exemption would not include renovations and additions, and the Commonwealth would compensate states and territories for any decrease in GST revenue. 

The policy would commence on 1 January 2025, and conclude after 5 years. 
 

Read more

GST on Building Materials

Summary of proposal

The proposal would remove the Goods and Services Tax (GST) on residential building materials at the final point of sale. Under the proposal new residential buildings would be effectively exempt from GST. 

The exemption would not include renovations and additions, and the Commonwealth would compensate states and territories for any decrease in GST revenue. 

The policy would commence on 1 January 2025, and conclude after 5 years. 
 

Read more

GST on Building Materials

Summary of proposal

The proposal would remove the Goods and Services Tax (GST) on residential building materials at the final point of sale. Under the proposal new residential buildings would be effectively exempt from GST. 

The exemption would not include renovations and additions, and the Commonwealth would compensate states and territories for any decrease in GST revenue. 

The policy would commence on 1 January 2025, and conclude after 5 years. 
 

Read more

Extend and boost existing ATO programs (ECR161)

Summary of proposal

The proposal consists of 2 components related to funding for tax compliance programs.

Component 1 would boost funding for the Australian Taxation Office (ATO) Tax Avoidance Taskforce by an extra $200 million per year from 1 July 2022 and extend its operations on an ongoing basis (the taskforce is currently funded until 30 June 2025).

Component 2 would provide ongoing funding to extend the ATO’s shadow economy compliance programs (which are currently funded until 30 June 2023).

Read more

Extend and boost existing ATO programs (ECR161)

Summary of proposal

The proposal consists of 2 components related to funding for tax compliance programs.

Component 1 would boost funding for the Australian Taxation Office (ATO) Tax Avoidance Taskforce by an extra $200 million per year from 1 July 2022 and extend its operations on an ongoing basis (the taskforce is currently funded until 30 June 2025).

Component 2 would provide ongoing funding to extend the ATO’s shadow economy compliance programs (which are currently funded until 30 June 2023).

Read more

Extend and boost existing ATO programs (ECR161)

Summary of proposal

The proposal consists of 2 components related to funding for tax compliance programs.

Component 1 would boost funding for the Australian Taxation Office (ATO) Tax Avoidance Taskforce by an extra $200 million per year from 1 July 2022 and extend its operations on an ongoing basis (the taskforce is currently funded until 30 June 2025).

Component 2 would provide ongoing funding to extend the ATO’s shadow economy compliance programs (which are currently funded until 30 June 2023).

Read more

Extend and boost existing ATO programs (ECR161)

Summary of proposal

The proposal consists of 2 components related to funding for tax compliance programs.

Component 1 would boost funding for the Australian Taxation Office (ATO) Tax Avoidance Taskforce by an extra $200 million per year from 1 July 2022 and extend its operations on an ongoing basis (the taskforce is currently funded until 30 June 2025).

Component 2 would provide ongoing funding to extend the ATO’s shadow economy compliance programs (which are currently funded until 30 June 2023).

Read more

Extend and boost existing ATO programs (ECR161)

Summary of proposal

The proposal consists of 2 components related to funding for tax compliance programs.

Component 1 would boost funding for the Australian Taxation Office (ATO) Tax Avoidance Taskforce by an extra $200 million per year from 1 July 2022 and extend its operations on an ongoing basis (the taskforce is currently funded until 30 June 2025).

Component 2 would provide ongoing funding to extend the ATO’s shadow economy compliance programs (which are currently funded until 30 June 2023).

Read more

Extend and boost existing ATO programs (ECR161)

Summary of proposal

The proposal consists of 2 components related to funding for tax compliance programs.

Component 1 would boost funding for the Australian Taxation Office (ATO) Tax Avoidance Taskforce by an extra $200 million per year from 1 July 2022 and extend its operations on an ongoing basis (the taskforce is currently funded until 30 June 2025).

Component 2 would provide ongoing funding to extend the ATO’s shadow economy compliance programs (which are currently funded until 30 June 2023).

Read more