Hockey hopes for simpler FBT
AAP
Treasurer Joe Hockey hopes his tax review will result in a less complex fringe benefits tax regime, one of the compliance bugbears of small business.
In an address to the Institute of Public Affairs in Melbourne, Mr Hockey said that small business people "rip their hair out" trying to deal with the complexity of FBT.
"We still have to raise it ... but there must be a simpler way of complying with it."
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