Budget 2010: Ten days of tax and more to come

For the third time in ten days the Government has announced a raft of tax measures, following on from the release of the Henry Review on 2 May and the Board of Taxation Report on Managed Investment Trusts (MITs) on 7 May. This Budget confirms that the Government’s approach to taxation is rolling reform (or change, depending on your point of view). Hence there are responses to more Henry Recommendations, to Board of Taxation Reports and to the Johnson Report on Australia as a Financial Centre, plus a range of micro-announcements generally designed to make the business and personal tax system work more effectively.  For our full Tax Brief - click here.