The following is a statement from Minerals Council of Australia Chief Executive Brendan Pearson regarding the Federal Budget. The 2016 Federal Budget is a strong pro-growth budget. It...
Tag - TAX
The Australian Tax Office (ATO) has recently released new changes to Fringe Benefits Tax which will affect some in the mining and resources industry and the broader community. The new fringe benefits...
The minerals industry in 2013-14 faced a tax ratio of 47 per cent (including company tax and royalties), according to the annual Minerals Industry Tax Survey released today by the Minerals Council of...
Yesterday’s repeal of the Mining Resources Rent Tax (Mining Tax) by the federal Senate has been whole-heartedly welcomed by Australia’s biggest resources industry groups, with the tax...
The only constant about tax is change. Dr Adrian Raftery, a senior lecturer at Deakin University provides us with some of the new tax rules that came into effect in 2013/14. 1. Immediate write-off...
