The proposal would provide small businesses with a tax deduction for meal and entertainment expenses that have a connection with business activity and income, including dining and entertainment provided to clients, vendors and employees.

The proposal also provides a Fringe Benefits Tax (FBT) exemption for any meal and entertainment expenses incurred in relation to employees that is claimed as a deduction and would run for 2 years, 2025-26 and 2026-27.

The proposal would reverse the tax breaks for electric vehicles (EV).

The proposal would be ongoing and start on 1 July 2025.

The proposal would reverse the tax breaks for electric vehicles (EV).

The proposal would be ongoing and start on 1 July 2025.

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

Policy start date of 1 July 2025.

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

Policy start date of 1 July 2025.

This proposal has three options.

Option 1: Personal income tax, company tax, and excise and customs duty

This option has three components:

This proposal has three options.

Option 1: Personal income tax, company tax, and excise and customs duty

This option has three components:

This proposal has three options.

Option 1: Personal income tax, company tax, and excise and customs duty

This option has three components:

This proposal has three options.

Option 1: Personal income tax, company tax, and excise and customs duty

This option has three components:

This proposal has three options.

Option 1: Personal income tax, company tax, and excise and customs duty

This option has three components: