Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Current HansardDownload Current Hansard   

Previous Fragment    Next Fragment
Thursday, 26 March 1987
Page: 1604

To the Honourable the Speaker and Members of the House of Representatives in Parliament assembled. We, the undersigned, are seriously concerned about the impact of the Fringe Benefits Tax on the following grounds:

1. It is unjust for any person to be liable for tax on benefits received by another person.

2 Compliance with FBT will increase administrative costs for all employers including Local, State and Federal Government Departments.

3. FBT is an inefficient tax, which will require the Tax Office to employ an army of bureaucrats.

4. FBT is inequitable because liability arises regardless of capacity to pay.

5. The FBT laws are extremely complex.

We therefore most earnestly petition you to repeal the Fringe Benefits Tax Legislation forthwith.

And your petitioners, as in duty bound, will ever pray.

by .