A Tax Reform Agenda for Long-Term and Short-Term Accommodation

Publisher:
AsRES
Publication Type:
Conference Proceeding
Citation:
AsRES, 2014, 2014 (Conference Proceedings Published on website), pp. 1 - 12 (12)
Issue Date:
2014
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In the last 15 years, there have been a number of reviews across Australia’s taxation system which has had flow-on consequences for the real property sector. The Ralph Report (A Review of Business Taxation, A Tax System Redesigned, 1999 chaired by John Ralph AO) contained about 280 recommendations which were aimed at improving the competitiveness and efficiency of the Australian Business, reducing compliance costs and enhancing the stability of taxation arrangements. More recently the Henry Review (Australia’s Future Tax System, 2009 chaired by Ken Henry) prioritised the economic and environmental challenges with a view to enhancing community wellbeing. Caravan parks, camping grounds, and boarding houses have traditionally provided affordable accommodation for city and regional holidaymakers, retirees and also low income residents. However little attention has been afforded to either review with regards to taxation issues and community needs impacting on long term and short term accommodation. This paper examines the GST application for long-term and short-term accommodation, and will focus on the consequential treatment of the accommodation as either an input tax supply or a taxable supply. The research explores the effectiveness of the present taxation system and the impact for low-cost long term and short term accommodation. In conclusion, it is argued that the present taxation system has adversely impacted on low-cost long-term and short-term accommodation, coupled with the developers desire to maximise profits and redevelop caravan parks.
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