IMHO: 3 Reasons why the GST should be broadened and the rate increased

BAS Agent's Blog, Business Topics, GST & BAS, In My Honest Opinion (IMHO) / By / / , , , , , , / 6 minutes of reading

The Goods and Service Tax (GST) in Australia is now 14 years old and it’s rate and structure have not changed since it was first implemented by the Howard-Costello Government in 2000. A debate is currently brewing among our politicians and industry groups about whether or not the GST should be broadened and/or the rate increased. I for one, am in support of both options and below are my 3 reasons for this support.

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