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03 Apr 09 Joint submission to Treasurer on Tax Bonus for Working Australians

On 6 March 2009, a joint submission was made to the Treasurer, Wayne Swan, on behalf of the Institute of Chartered Accountants in Australia, the Taxation Institute of Australia and the National Institute of Accountants Australia, in relation to the Treasurer's 'Tax Bonus for Working Australians' announcement of 3 February 2009.

The submission states, in part:

"The decision to distribute the tax bonus payments via the tax system effectively shifts a significant proportion of the administrative and logistical burden (from government agencies who are more experienced and generally better-equipped to deal with such things) to the resource-constrained private sector, for no direct compensation from Government."

For a copy of the full submission, go here.

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