Tax receipts for individuals

In a bid to make public spending more transparent, the Government will issue receipts to approximately 10 million individuals which will detail, in dollar terms, how much of a person’s tax bill was spent in each budget area.

It will also show the level of gross government debt, with a breakdown per person.

The cost of issuing such receipts will be borne by the Australian Tax Office and the receipts should accompany an individual’s notice of assessment.

Written by Debbie McTaggart