Tax Reform Discussion Paper
- Published: Friday, 19 June 2015 12:16
Interim Submission by the Motor Trades Association of Australia with the Australian Motor Industry Federation to the ‘Re:think Taxation Discussion Paper
The Australian Motor Industry Federation (AMIF) and the Motor Trades Association of Australia Limited (MTAA) have taken the opportunity to provide an initial submission in relation to the ‘Re:think Taxation Discussion Paper. AMIF and MTAA have also welcomed the opportunity to discuss small business issues specific to this important review during consultations with the Tax Board and Treasury Officers recently in Canberra. This initial submission is an expansion of the central themes provided by AMIF during those discussions.
The Australian Motor Industry Federation (AMIF) is the pre-eminent body representing the interests of over 100,000 retail motor trades businesses, which employ over 310,000 people and have an aggregated annual turnover in excess of $221 billion. These figures, combined with the industry’s scope and size, makes the retail motor trades the largest stand-alone small business sector in Australia. The Federation’s membership consists of the automobile chambers of commerce and the majority of state and territory motor trades associations. It is these associations members who stand to gain the most from the work of the tax task force and reforms stemming from it. From July 2015, AMIF will be subsumed into the Motor Trades Association of Australia.
The AMIF/ MTAA National Secretariat remains available to the task force and Treasury officials at any time should you wish to obtain further information or additional clarity on the matters raised in this initial submission.