Business Services Industry
Daycare tax breaks 'benefit everyone'.
Australasian Business Intelligence, November, 2005
Byline: Elizabeth Colman
Nov 16, 2005 (The Australian - ABIX via COMTEX) -- More and more employees in Australia need childcare, so parents can work. Deloitte has made a submission on the tax treatment of childcare to the Australian Treasury. The Deloitte submission was sponsored by a group of 37 top-200 companies. The submission calls for the Australian Treasurer, Peter Costello, to give parents who use nannies and family daycare the same tax breaks as those
who use childcare at their workplace. The proposal has been supported by the Australian Labor Party. The submission suggests that all forms of childcare should be deemed free
of fringe benefits tax.
...
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