Published 2 days ago

Coalition’s tax-free lunch plan could cost $250 million or $10 billion – depending on who’s doing the sums

Summary by The Conversation

Rawpixel.com/ShutterstockThe 1980s are remembered for many things including power suits, the Ford Falcon and the long lunch. The last was thanks to a generous interpretation of tax law as it applied to food and entertainment at “business meetings”. Bosses could deduct the cost of lunch with colleagues and contacts for tax purposes. The Hawke government ended that when it made sweeping changes to tax law the mid 80s including the introduction of …

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33% Left, 33% Center, 33% Right

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33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right

34% Center

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Coalition’s tax-free lunch plan could cost $250 million or $10 billion – depending on who’s doing the sums

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