Tax

Episode 50 – Tax with Yash Rathi

Tax is the system that funds our roads, schools, hospitals, welfare and more. Without it, the government has less money to spend. But what happens when our jobs and economy change so radically, that people no longer earn enough money to be taxed? Or when big tech giants like Google and Uber use tax-payer built infrastructure, like the NBN, but don’t have to pay a digital services tax? 

It may be a topic most people care not to immerse themselves in, either because its too complicated or overwhelming – especially when politicians use it (often incorrectly) to sway you one way or another during election time – but fear not! In this episode, Caspar sits down with 27 year old Tax Advisor and Specialist, Yash Rathi, who brings a wealth of passion and interest in tax, how it operates, what the biggest challenges are and how we should be dreaming of the future of tax. 

If you’re interested in finding out more about the ideas raised in Yash’s episode, he recommends the following:

Treasury – Tax Policy

https://www.treasury.gov.au/policy-topics/taxation

Recent topics include:

  • National Innovation and Science Agenda

  • Parliamentary progress of Tax Bills

  • Programs and initiatives – Taxation

  • Tax evasion and multinational tax avoidance

Australian Tax Office

https://www.ato.gov.au/General/Consultation/What-we-are-consulting-about/Open-consultation/

This link provides information about what the ATO is consulting about – i.e. consultations with the community, industry groups and the tax, accounting and legal professions, on matters of concern and interest to them.

This episode of Binge Thinking was produced by Nina Roxburgh, was recorded at Youthworx studio in Melbourne, was co-edited by Nina and Charlotte Morton, and features music by Big Gigantic

Caspar has never been so excited about tax! Pictured with Yash Rathi at  Youthworx  in Brunswick.

Caspar has never been so excited about tax! Pictured with Yash Rathi at Youthworx in Brunswick.