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Labor's tax policy and impacts for the mid-market – podcast

Labor's tax policy and mid-market impacts – podcast

Ahead of the 2019 Federal Election, and whoever wins, we believe it is timely to provide an overview of the Australian Labor Party's Tax Policy. In this podcast, KPMG Enterprise Tax Partners Clive Bird and Raffi Tenenbaum explain what Labor's Tax Policy means for Australia's mid-market businesses, they clarify some misunderstandings and explain the potential impacts.


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"Going forwards, Labor's proposals for Capital Gains Tax discounts mean you will be taxed on three quarters of a gain, rather than half as is the case currently."

"There is a window - Labor's proposals give companies a nine month opportunity to restructure and plan ahead prior to coming into effect in 2020."

Clive Bird
Partner, KPMG Enterprise


"When it comes to franking credits under Labor, it’s use it or lose it in a given year."

"It will be interesting to see if the ALP matches the Government's Instant Asset Write-off Scheme, which has been increased to $30,000."

Raffi Tenenbaum
Partner, KPMG Enterprise

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