Project Description
[ A lighter sense applied by the team where we believe its better to apply some mindset change model to approach this tax the vulnerable people. They are already taxed in life with trouble,, why more... ]
To address the challenge of tax inclusion for vulnerable groups in Australia, a comprehensive approach involving data analysis and digital solution development is required. Here's a detailed plan:
This plan aims to leverage open government data to not only identify and assist vulnerable groups but also to foster an inclusive environment where every individual has the opportunity to comply with tax and super obligations without undue hardship. For further details on existing initiatives, you can refer to the Hackerspace challenge on tax inclusion for vulnerable groups and the TaxMate platform.
However , we believe that these people need to be supported first before taxing them further.
Data Story
It may not viable to tax vulnerable people and potentially the effort in managing these tax can be more than the benefit. Instead, provide them a tax break and say that they will get equal benefits for the tax they logically pay.
ie. Similar to way employer contribution is mandated in Super or the way LAFHA allowance was implemented , use the model to derive the tax.
To address the challenge of tax inclusion for vulnerable groups in Australia, a comprehensive approach involving data analysis and digital solution development is required. Here's a detailed plan:
This plan aims to leverage open government data to not only identify and assist vulnerable groups but also to foster an inclusive environment where every individual has the opportunity to comply with tax and super obligations without undue hardship. For further details on existing initiatives, you can refer to the Hackerspace challenge on tax inclusion for vulnerable groups and the TaxMate platform.
We believe with these we can use Budget Buddy platform to help people.