A tax cut to save the future

Article Abstract:

The recent changes in taxation of contributions towards superannuation funds in Australia are discussed. The need to have more tax cuts so that more and more savings flow towards this type of retirement savings is emphasized. Such tax policies are necessary because Australian population is aging, and the provision for old age is inadequate. Consequently, the government will have to bear the costs, which it can ill afford at that time.

Pension, health, and welfare funds, Pension Funds & Benefit Plans, Pension Funds, Analysis, Tax abatement

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Back to work

Article Abstract:

The business tax changes announced in the 2004-05 budget are discussed. These changes that cover capital gains, fringe benefits, philanthropy, tax arrangements for foreign residents, family welfare and superannuation benefits are intended to increase workforce participation.

Legal issues & crime, Government regulation (cont), Government regulation, Legal/Government Regulation, Retirement Benefits, Venture Analysis, Laws, regulations and rules, Budget, Budgets, Business enterprises

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One hard sell that carries no GST impediment

Article Abstract:

Plans by the Australian government to reduce income tax as the Goods and Services Tax (GST) is introduced have been announced during the 2000 budget.

Political aspects, Income tax, Consumption taxes

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