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FBT increase another anti business tax



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Ian McLachlan.

Shadow M niter fer In s tru cture and National Development

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EMBARGO... 8PM, 22 SEPTEMBER, 1993.

FBT INCREASE ANOTHER ANTI BUSINESS TAX

Small businessmen and hoteliers were tonight advised to go to Canberra next Monday(27 September) to complain at a public hearing on the Government's proposal to increase the fringe benefit tax on business travel expenses.

The Shadow Minister for National Development Ian McLachlan said major tourism and accommodation bodies would be making submissions and the Committee would report its findings soon afterwards.

Mr McLachlan was speaking to a meeting of the Moteliers Association in Mount Gambier.

The Committee is to . report on the impact on business, tourism and the hospitality industries if the proposed F$T increase on business travel, announced in the Federal Budget, goes ahead.

Mr McLachlan said the proposed increase was another example of the Labor Party's anti business attitude which ' saw government taxes and charges continuing to squeeze business large and small.

'The Australian Hotels Association says at least 10,000 jobs or five per cent of the industry will be lost in the short term because the limits currently recognised by the Australian Tax Office bear little resemblance to the costs of accommodation paid for by business or others- not in government employment.

'Four and five star accommodation in particular. would. have to- dramaticall y y cut service levels to meet lower room charges.

'Every business who is able should be represented in Canberra on Monday to tell the Senate Committee exactly what they think of this rapacious tax.

Further information;

Ian McLachlan, Shadow Minister for National Development Telephone: 08 2377140. 22 September, 1993.

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