Ken Henry’s comments signal GST as Australia’s next tax battleground
19 July 2012
Salman Shaheen - ITR
Australia is a country divided by clashes over tax policy, first mining, now carbon. But it is GST that will be the great tax battleground of the future, if the recommendations of Ken Henry, the man tasked with reforming the country’s tax system, are followed.
Henry, the ex-Secretary of the Treasury, says GST will have to be expanded to meet the future needs of the government and an ageing population.
“Even if we don't, for whatever reason, feel comfortable with relying more and more on consumption tax bases for more and more revenue, we're going to have to, because it is one of the things that we can practically tax,” said Henry.
For the moment, however, his words are likely to fall on deaf ears. In 2008, Henry was instructed to undertake a review of Australia’s tax...
This article is available to current subscribers of ITR Premium only. Log in to ITR Premium or subscribe for access. Alternatively, take a free trial, giving you access to ITR Premium for 7 days (some articles and surveys may be excluded).
This article is available to subscribers only. To gain acess to to the rest of this article please subscribe to ITR Premium.
This articles is available to free trialists and subscribers only. To view the rest of this article please take a free 7 day trial.