Episode 50 – Tax with Yash Rathi
Tax is the system that funds our roads, schools, hospitals, welfare and more. Without it, the government has less money to spend. But what happens when our jobs and economy change so radically, that people no longer earn enough money to be taxed? Or when big tech giants like Google and Uber use tax-payer built infrastructure, like the NBN, but don’t have to pay a digital services tax?
It may be a topic most people care not to immerse themselves in, either because its too complicated or overwhelming – especially when politicians use it (often incorrectly) to sway you one way or another during election time – but fear not! In this episode, Caspar sits down with 27 year old Tax Advisor and Specialist, Yash Rathi, who brings a wealth of passion and interest in tax, how it operates, what the biggest challenges are and how we should be dreaming of the future of tax.
If you’re interested in finding out more about the ideas raised in Yash’s episode, he recommends the following:
Treasury – Tax Policy
Recent topics include:
National Innovation and Science Agenda
Parliamentary progress of Tax Bills
Programs and initiatives – Taxation
Tax evasion and multinational tax avoidance
Australian Tax Office
This link provides information about what the ATO is consulting about – i.e. consultations with the community, industry groups and the tax, accounting and legal professions, on matters of concern and interest to them.