Revenue

The passing of legislation giving effect to coalition Government tax commitments has been welcomed by Finance Minister Nicola Willis. 

Legislation implementing coalition Government tax commitments and addressing long-standing tax anomalies will be progressed in Parliament next week, Finance Minister Nicola Willis says.

Proposed changes to tax legislation to prevent the over-taxation of low-earning trusts are welcome, Finance Minister Nicola Willis says.

The Government is today introducing and progressing under urgency a Bill to repeal the Taxation Principles Reporting Act 2023, Revenue Minister Simon Watts says.