FIFO tax losses draw industry concern

THE decision in the federal budget to remove tax zone rebate allowance from fly-in, fly-out workers in remote locations has drawn criticism from mining industry representative groups.

FIFO tax losses draw industry concern FIFO tax losses draw industry concern FIFO tax losses draw industry concern FIFO tax losses draw industry concern FIFO tax losses draw industry concern

CME is concerned at the decision to remove tax zone rebate allowance from FIFO workers in remote locations.

The existing offset currently provides a tax break for FIFO workers who live or work in a remote area for more than 183 days during an income year, but will be changed to only cover those who live