Total Tax Contribution

2010 PwC Total Tax Contribution Survey


We are pleased to present the 2010 PwC Total Tax Contribution survey. This was conducted with the assistance and data of large Australian based companies. The study represents an authoritative perspective on the impact of Australia's taxation system on business.

Since the last Australian survey in 2008, the environment has changed significantly. From an economic perspective, Australian businesses generally rebounded strongly from any global financial crisis. To some extent, the crisis impacted profitability and consequently income tax liabilities, although generally the results show participant's economic contribution remains very substantial. In particular large business continues to bear and collect substantial amounts of both income tax and many other taxes.

Over the last two years, the tax reform agenda has also moved ahead. The Australia's Future Tax System review completed its recommendations in December 2009. A small number of these recommendations, notably the resources tax, have been adopted by the Government. The rest of the tax reform agenda is anticipated to take many years, although hopefully the October 2011 Tax Forum will revitalise the debate and provide it with fresh impetus.

The PwC Total Tax Contribution surveys will continue to inform the tax reform debate.

UK Total Tax Contribution survey

Released on 1 March, the results of the sixth UK Total Tax Contribution survey is now available. The survey was carried out on behalf of The Hundred Group of Finance Directors and spans a particularly difficult period, which follows the financial crisis and a time of recession for the the UK economy.