Improving and simplifying taxation rules and addressing workforce mobility questions should be on the agenda for trans-Tasman talks, according to tax watchers
, to work towards progress on labour mobility in key industries during their bilateral talks on Friday.
“Labour mobility is a key current issue, with skill shortages in the accounting profession and many other industries,” she said. “Dr Chalmers has already expressed interest in borrowing ideas from the wellbeing budget, a concept which New Zealand embraced in 2019, and he should look closely at the following four budgets and their impacts, good, bad, or otherwise,” Ms van Onselen said.
Ms van Onselen said New Zealand’s recently moves to introduce “bright line” – or clearly defined – transaction rules, could be instructive to Australian officials and the Australian Taxation Office. Lessons from New Zealand’s simplified fringe benefits tax regime could also be discussed.
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