Red Tape Reduction Review
The Tax Institute welcomes the opportunity to make a submission to the Board of Taxation (the Board) regarding its consultation on the Red Tape Reduction Review (the Review) consultation guide (Consultation Guide).
In October 2025, The Tax Institute made a proactive submission to the Board, Tax simplification: Cutting through the red tape (October 2025 Submission). The October 2025 Submission outlines ideas for reducing red tape within the tax system which we prepared following discussions with the Board, prior to the announcement of the Review.
Cutting red tape and complexity within the Australian tax system is essential to the government’s objectives of improving productivity, strengthening budget sustainability, and improving economic resilience. This Review should serve as a useful tool for assessing current policies and practices, ensuring that they align with the overarching goals of economic growth and stability.
In this submission, in Appendix A, we expand on our October 2025 Submission with some further ideas for reducing red tape. The October 2025 Submission is included in Appendix B.
In the development of this submission, we have closely consulted with our National Technical Committees to prepare a considered response that represents the views of the broader membership of The Tax Institute. Our comments in this submission should be read together with our October 2025 Submission.
We would be pleased to continue working with the Board to support this Review, and connect the Board with our members to workshop and explore in more details real-life examples and opportunities to make meaningful changes across the system.
The Tax Institute is the leading forum for the tax community in Australia. We are committed to shaping the future of the tax profession and the continuous improvement of the tax system for the benefit of all. In this regard, The Tax Institute seeks to influence tax and revenue policy at the highest level with a view to achieving a better Australian tax system for all.