LGAQ wants tax input
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The LGAQ wants input for its submission on remote area tax concessions.
The Productivity Commission is running an inquiry into Remote Area Tax Concessions and Payments, which will examine the operation and impacts of the zone tax offset and related remote area tax concessions and payments.
The inquiry is designed to provide recommendations on the appropriate form and function of such assistance into the future.
The Local Government Association of Queensland (LGAQ) is making a submission on the draft report, and is calling for its members to provide comment.
In its earlier submission to the Inquiry into Remote Area Tax concessions and Payments issues paper, the LGAQ said evidence shows Zonal Tax Offsets are a tangible path to growth in regional areas. However, the submission stressed that the offset has suffered from a lack of attention.
“There is a widespread expectation by communities and local governments in remote areas that the policy commitments indicated in the Northern Australia White Paper, to be implemented by the Office of Northern Australia, will improve the conditions for economic development, including achieving investment and workforce attraction,” it stated.
Craig Johnstone (LGAQ Media Executive) and Roland McMillan (LGAQ Lead - Economics and Finance) breakdown the importance of tax concessions for remote areas and the LGAQ's submission to the Productivity Commission Inquiry in this episode of the LGAQ’s podcast.
Comments can be lodged with This email address is being protected from spambots. You need JavaScript enabled to view it., until Wednesday, 2 October 2019.