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The Government has asked the Business Tax Working Group to focus its attention on how a revenue neutral cut to the company tax rate might be funded from within the business tax system.

Treasury has published a consultation guide containing a a timetable for public consultation. The timetable is as follows:

  • June 2012 Consultation guide - released
  • Late July 2012 Discussion paper - released
  • August 2012 Discussion paper - consultation
  • September 2012 Discussion paper - consultation
  • Early/mid-September - Submissions in response to the discussion paper are expected to close
  • Late October 2012 Draft final report - released
  • November 2012 Draft final report - consultation on the draft final report and submissions closing in late November
  • December 2012 Final report


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