The Rudd Government did not take up the recommendation from Dr. Henry's tax review for charities to lose key FBT and GST concessions. His argument was the businesses that not-for-profit operate for the purpose of generating a surplus should not receive the GST exemption and the staff of such businesses should not receive the exemptions up to a value of $15,000 on a FBT items in their salary package. The government did not take up any of these recommendations.
Government Policy
The three aged care bombshells from Senate Estimates
Last week’s Senate Estimates hearing – held just three weeks before sweeping reforms roll out – gave politicians the chance to ask Government heavyweights the questions they’re getting from constituents and to interrogate the once-in-a-generation changes.
