The Government has brought forward the announcement of the Federal Budget this year to 3 May 2016.  With a double dissolution election almost certain to take place on 2 July this year, it is unlikely that the Government will release its entire taxation and superannuation reform package on budget night. Instead, we may see a more comprehensive policy discussion being rolled out over the months leading up to an election.

The following tables provide a summary of the tax reforms proposed by the government to date, and those that have been abandoned.

Table 1 – Possible Tax Reforms

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Table 2 – Unlikely Tax Reforms

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