Region. WSROC supports tax changes

Western Sydney councils have welcomed the changes to small business taxes including the reduction of the tax rate to 28 percent, starting in 2012, included in the federal government’s response to the Henry Review of Taxation. “The small business sector is vital to the economy of Western Sydney. WSROC will always support any initiatives that help to promote the ingenuity and entrepreneurship of our small business owners,” said Clr Alison McLaren, WSROC president. She said WSROC also welcomed taxation reforms, in particular, changes to superannuation for low-paid and older workers. “The changes will bring great benefits to a majority of Western Sydney workers, many of whom are classified as low income earners,” she said.