Henry Tax Review - Revisited

The Henry Tax Review, formally known as Australia’s Future Tax System Review, was commissioned by the Rudd Government in 2008 and delivered its final report in December 2009. Led by Treasury Secretary Ken Henry, it made 138 recommendations aimed at creating a simpler, more efficient and more sustainable tax system.

More than 16 years later, implementation has been limited.

Some recommendations have been adopted or partly adopted. Australia established the Australian Charities and Not-for-profits Commission, expanded pre-filled tax returns, increased the tax-free threshold, introduced a 25% company tax rate for smaller businesses, and adopted elements of Henry’s proposals on tobacco excise and company loss carry-back.