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Key points:
Tax Office calculates that $8.7 billion in government revenue was lost from income tax alone
Accountants believe it's a "wake-up call" and is down to hidden income, false deductions and errors
ATO pledges to increase audits targeting those who deliberately fudge their returns...
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Won't be the last to get done for this. Wouldn't be surprised to see a few fatness firsts get busted as well.
"A fitness gym has become the first company to be fined for making false claims about the impact of the carbon tax.
Genesis Fitness Club Berwick, in Melbourne,"
Gym fined for pumping...
Is it time for a tax on sugar to try and make Australia slimmer
"the institute finds 36 per cent of adults are overweight and a further 25 per cent obese. And we're starting young. Of children two to 16 years old, 17 per cent are overweight and a further 6 per cent obese. That's nearly one in...
From: Carbo tax package
Low and middle-income families and singles pensioners and other welfare recipients are the biggest winners from the carbon price while those on generous incomes will bear almost the full brunt with next-to-no assistance.
Unveiled at midday today by the Prime Minister...