Australia Looking at New Ways to Cut Red Tape in Tax System

Australia’s government is looking at new ways to cut red tape in the tax system to ease the compliance burden on businesses and make economy more productive, Treasurer Jim Chalmers says in statement.

• Board of Taxation to identify ways to responsibly reduce unnecessary compliance burdens and red tape in the tax system
  • Will consult with businesses and the broader community to identify areas of business tax law and administration where there are opportunities for red tape reduction
• Appoints Andrew Mills as acting chair of the board for a 3-month period effective from Oct. 1
  • Julianne Jaques’s term as acting chair, ...