Summary of proposal: 

The proposal contains the following options, comprising changes to the Goods and Services Tax (GST).

Option 1: Increase the GST rate from 10% to 15%.

Option 2: Increase the GST rate from 10% to 15% and remove GST exemptions on: 

    i. food 

    ii. education 

Summary of proposal: 

The proposal contains the following options, comprising changes to the Goods and Services Tax (GST).

Option 1: Increase the GST rate from 10% to 15%.

Option 2: Increase the GST rate from 10% to 15% and remove GST exemptions on: 

    i. food 

    ii. education 

Summary of proposal: 

The proposal contains the following options, comprising changes to the Goods and Services Tax (GST).

Option 1: Increase the GST rate from 10% to 15%.

Option 2: Increase the GST rate from 10% to 15% and remove GST exemptions on: 

    i. food 

    ii. education 

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

The proposal would remove the Fringe Benefits Tax (FBT) on entertainment expenses (including meals) provided to staff.

Policy start date of 1 July 2025.