PM labels Coalition’s tax-deductible lunch plan ‘worst, sloppiest policy’ as Treasury puts cost in the billions

Costings commissioned by Jim Chalmers suggest policy at risk of being ‘rorted’ could cost up to $10bn a yearFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcast The Coalition’s policy for tax-deductible business lunches would cost between $1.6bn and $10bn a year, the Labor government claims, according to costings Jim Chalmers commissioned from his Treasury department.The treasurer claimed the policy was at risk of being “rorted” by businesses claiming personal food expenses, adding further to confusion about the Coalition’s contentious meals and entertainment policy.Sign up for Guardian Australia’s breaking news email Continue reading...

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Feb 3, 2025 - 17:19
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PM labels Coalition’s tax-deductible lunch plan ‘worst, sloppiest policy’ as Treasury puts cost in the billions

Costings commissioned by Jim Chalmers suggest policy at risk of being ‘rorted’ could cost up to $10bn a year


The Coalition’s policy for tax-deductible business lunches would cost between $1.6bn and $10bn a year, the Labor government claims, according to costings Jim Chalmers commissioned from his Treasury department.

The treasurer claimed the policy was at risk of being “rorted” by businesses claiming personal food expenses, adding further to confusion about the Coalition’s contentious meals and entertainment policy.

Sign up for Guardian Australia’s breaking news email Continue reading...

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