Source: Australian Tax Forum Journal Article
Published Date: 1 Oct 2022
This article considers policy options for the revision or reform of the work-related expense (WRE) regime for individual taxpayers in Australia. At present, due to the significant overclaiming and potential underclaiming of WREs that is occurring, the regime does not appear to be achieving an equitable outcome for individuals. Instead, individuals receive a random benefit depending on the difference between their legitimate entitlement under the legislation and their actual WRE claim. While the incorrect amounts claimed by individual taxpayers are relatively small, as a whole, the WRE regime has a large impact on the individuals (not-inbusiness) income tax gap.
The exploitation of tax professional expenses for tax minimisation: evidence from Australia - Journal 01 Jul 2022
To cap or not to cap? Policy options for dealing with the costs of managing tax affairs deduction in Australia - Journal 01 Jun 2020
The impact of tax rate changes on capital gains realisations: evidence from Australia - Journal 01 Dec 2018
Mitigating VAT compliance costs - A developing country perspective - Journal 01 Jul 2017
The impact of recent tax changes on tax complexity and compliance costs: The tax practitioners' perspective - Journal 01 Oct 2016
Taxing personal capital gains in Australia: An alternative way forward - Journal 01 Dec 2015
Are your affairs CGT small business concession ready? - Paper 28 Aug 2014
Are your affairs CGT small business concession ready presentation? - Presentation 28 Aug 2014
Tangled up in tape: The continuing tax compliance plight of the small and medium enterprise business sector - Journal 01 May 2014
Sorry, this is subscriber only content.
To gain access to this material and much more - Subscribe Now.
(Note: Members can access Taxation in Australia journal articles without a Tax Knowledge Exchange subscription - please log in to access).
Already a Subscriber? Login now
The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.
Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.
The Tax Institute
(ABN 45 008 392 372 (PRV14016))
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
All materials provided on this site are protected by copyright and are owned by or licensed to TTI.
Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.