Latest News


Media Releases

ATO to review Victorian fairness fund payments

Mar 28, 2019 | Media Releases

The Australian Taxation Office (ATO) will undertake a review of the Victorian Fairness Fund payments to the taxi and hire car industry following a query from Eastern Metro MP Rod Barton.

Earlier this month Mr Barton wrote to the ATO on behalf of a number of former licence holders who were facing huge tax obligations following fairness fund payments.

“Many in the industry are bleeding. They lost their licences and their source of income and were left with loan debts for property that no longer exists and then many faced tax debt on fairness fund payments,” said Mr Barton.

The Fairness Fund was established to provide means tested financial support for licence holders experiencing financial hardship. These payments were assessed as income and have been taxed accordingly.

Mr Barton said he didn’t want to get too many hopes up until the ATO had the opportunity to fully review the nature of payments.

“I would encourage anyone who received fairness fund payments to seek professional tax advice to determine whether the ATO review might affect them.

“It’s very important that anyone paying off tax debts resulting from the fairness fund payouts continue to meet their obligations,” he said.




More information – ATO – Victorian taxi industry Fairness Fund payments

Share this:

Related News

The Transport Matters Party has unfinished business

The Transport Matters Party has unfinished business

In 2018, only 7 months out from the Victorian state election, Rod Barton and a team of transport workers who had been unfairly treated by the Government created the political party, Transport Matters. The Andrews Government had taken away their taxi licences in a...

Deliveroo’s exit may only be the beginning

Deliveroo’s exit may only be the beginning

Deliveroo announced yesterday that it has been placed into voluntary administration and will be withdrawing its operations from Australia, leaving riders in the lurch. Rod Barton MP has long been advocating for greater regulation in the gig economy and believes...

Barton supports duplication of the Lilydale Rail Line

Barton supports duplication of the Lilydale Rail Line

The community across the Yarra Valley desperately require a duplication of the line between Mooroolbark Train Station and Lilydale. Currently, services and performance are falling below community expectations. In the morning peak, passengers wait up to 34 minutes...