The Government is looking at new ways to cut red tape in the tax system to ease the compliance burden on businesses and make our economy more productive.
Today, we've tasked the Board of Taxation (the Board) to identify ways to responsibly reduce unnecessary compliance burdens and red tape in the tax system.
This is all about reducing the regulatory and compliance burden across the economy to support productivity growth.
As part of the review, the Board will consult with businesses and the broader community to identify areas of business tax law and administration where there are opportunities for red tape reduction.
The Board will look for substantial, material and measurable areas of red tape reduction that directly support productivity.
Today, we are also announcing we have appointed Mr Andrew Mills as acting Chair of the Board for a 3‑month period effective from 1 October 2025. The Board is a non‑statutory advisory body that provides the Government with advice on tax policy.
Mr Mills has been a member of the Board since 8 December 2023 and brings more than 40 years' experience in senior commercial, accounting and legal practice, government and academic roles.
He is currently Chair of the Financial Reporting Council, Chair of the NSW Independent Planning Commission, and a Principal Fellow of the University of Melbourne Law School.
The Government thanks outgoing acting Chair Dr Julianne Jaques KC for her service and substantial contribution to the Board since her appointment as a member on 1 July 2017.
She has been acting Chair since 1 April 2025 and her term as acting Chair, and as a member, ends on 30 September 2025.
She brought significant tax and legal expertise to the Board's work, including leading the Board's review of Digital Assets and Transactions in Australia and the Review of GST on low value imported goods, as well as contributing to many other reviews and providing real‑time advice to the Government.
