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Tax Board head calls for GST increase
Posted by admin on Wednesday, April 23 @ 02:14:53 SGT
Tax
The chairman of the Board of Taxation says it is a pity that the Government has ruled out raising the GST as part of possible changes to the tax system.

Prime Minister Kevin Rudd says increasing the GST will not be considered as part of the Government's comprehensive review of taxation.

But Taxation Board chairman Dick Warburton has told Lateline Business that increasing the GST must be considered in order to reduce other taxes.

"I do believe there's room to go to 12 or 15 per cent, but I'm not saying that's what we should go to, I'm just saying we should debate that issue," he said.

"If we do go to 12 or 15 per cent, we could look at some relief in other areas."

-abc.net.au

 
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