Latest News


Media Releases


Jul 21, 2020 | Achievements, News

We are receiving further good news from those who received an allocation from the Fairness Fund and then paid tax as a result of the payment being considered income by the ATO. Our team has worked with affected individuals and the ATO for more than a year. We recently received notice that yet another one of our members has received a tax refund and in this case it amounts to $90,000!

Everyone has different circumstances. However, if you received a fairness fund payment, you paid income tax on that payment and you then left the industry because you no longer owned a licence or you ceased driving or operating – please seek advice from your accountant to review the tax implications of your fairness fund payment.

If you or your accountant have any queries please contact Linda De Melis from my team on Mbl: 0439 654 552

Share this:

Related News

ESC Taxi Fare Review

ESC Taxi Fare Review

My question is for the Attorney-General, representing the Assistant Treasurer. Victorian taxi fares are some of the lowest in the country, as we all know. The industry has taken battering after battering, first with the reforms of 2017 that created mountains of legacy...

Renewable Powered Electric Buses

Renewable Powered Electric Buses

My adjournment is for the Minister for Public Transport. The New South Wales government announced yesterday that they will be investing $218.9 million over the next seven years to support the bus fleet to move to electric. They have also committed to setting aside a...

NSW Budget

NSW Budget

On Tuesday the New South Wales Perrottet Liberal government unveiled their budget. There was much speculation that there was going to be a billion-dollar compensation package for the taxi holders. Negotiations between the industry and the government have been held in...