Released last week, the
Case for Change is a 287-page report that points to the most burdensome areas of Australia’s tax system, and how each might benefit from comprehensive reform.
Advertisement
");
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1606778434582-0'); });
}
Advertisement
Among them is the true cost of complying with tax law, which in 2012 was estimated by Ken Henry to be some $40 billion a year — though it’s now likely to be more than $50 billion, according to the report. A large portion of that cost, according to Andrew Mills, director of tax policy and advocacy at The Tax Institute, could be reduced.