TAG Tax

Contact: ESV Chartered Accountants (New South Wales, Australia)

The beginning of the new financial year saw Australia join much of the developed world in pricing carbon emissions. From 1 July 2012, Australia's top polluters will be taxed ("carbon tax")

$23 per tonne of carbon dioxide equivalent pollution they directly or indirectly release into the atmosphere. Keep reading to see how the carbon tax works and how it will affect your business.

Read the entire article.