Tax

Summary of proposal

This proposal has three options.

Option 1: Personal income tax, company tax, and excise and customs duty

This option has three components:

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Tax

Summary of proposal

This proposal has three options.

Option 1: Personal income tax, company tax, and excise and customs duty

This option has three components:

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Tax

Summary of proposal

This proposal has three options.

Option 1: Personal income tax, company tax, and excise and customs duty

This option has three components:

Read more

Tax

Summary of proposal

This proposal has three options.

Option 1: Personal income tax, company tax, and excise and customs duty

This option has three components:

Read more

Tax

Summary of proposal

This proposal has three options.

Option 1: Personal income tax, company tax, and excise and customs duty

This option has three components:

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Introduce a 35 per cent minimum tax rate on incomes above $300,000 and make the deficit levy permanent (PER618)

Summary of proposal

The proposal has two components:

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Budget repair levy (PER422)

Summary of proposal

This proposal would reinstate the budget repair levy at 2 per cent for taxable incomes greater than $180,000 for a period of four years.

The proposal would take effect from 1 July 2019 and expire on 1 July 2023.

The fringe benefits tax rate would also increase to 49 per cent from 1 April 2019 and would be reduced to 47 per cent on 1 April 2023.

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