Tag Archives: tax

AACS hits back at tobacco tax increase

Tobacco in Australia has been hit with its seventh consecutive annual tax hike. According to the Australasian Association of Convenience Stores (AACS), the 12.5 per cent tax increase reinforces Australia’s position as one of the world’s most expensive markets to buy legal tobacco. It’s no surprise, then, that Australia is …

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Tax cuts a ‘kickstart’ for the economy, says ARA

The Executive Director of the Australian Retailers’ Association (ARA), Russell Zimmerman, has congratulated the Senate for passing the Morrison government’s $158 billion tax relief package. According to Mr Zimmerman, this will “kickstart the economy”. He says the combined effect of the cuts – which will hand an immediate $15 billion …

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ARA says ‘it’s time to get moving’ to ensure economic growth

The Australian Retailers Association (ARA) says a push by business leaders for more spending on infrastructure, alongside sweeping reform of taxation and regulatory arrangements, is “critical” if Australia’s GDP growth and prosperity are to continue. “27 years of continuous economic growth doesn’t just happen – you have to work at …

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ATO jumping gun on early debt recovery – Ombudsman

The ATO is issuing garnishee notices while tax disputes are still before the Administrative Appeals Tribunal, says a new report. The report on early debt recovery action by the Australian Taxation Office (ATO) comes from the Australian Small Business and Family Enterprise Ombudsman (ASBFEO). ‘Severe’ impact In response, Ombudsman Kate …

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B2Bpay solution ‘rewards businesses’ at tax time

Business owners can now look forward to paying their BAS, according to Zenith Payments, with a new online payment platform, B2Bpay, that offers full credit-card points and Qantas frequent-flyer points on all payments made to the Australian Taxation Office. B2Bpay, powered by Zenith, is promoted as an innovative solution that …

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Employers reminded to prepare for Single Touch Payroll

The Australian Taxation Office has asked employers with 20 or more employees to count staff numbers in the lead-up to Single Touch Payroll (STP) beginning on July 1. ATO Assistant Commissioner John Shepherd says employers with close to 20 employees will need a headcount to determine whether they need to …

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ARA calls for corporate tax cuts

The Australian Retailers Association (ARA) is calling for a competitive corporate tax rate to sustain growth and drive prosperity for the country’s $310 billion retail sector. ARA Executive Director Russell Zimmerman says the ARA works hard to advocate and support employers and employees working in the sector as the Australian …

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Federal budget a mixed bag for retailers

The federal budget has brought some relief for retailers through reducing Government debt, but at the undesirable cost of increasing taxes on Australian individuals and businesses, according to the Australian Retailers Association. ARA Executive Director Russell Zimmerman says budget measures such as strong infrastructure investment and additional skills funding are …

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