Opened the debate
Howarth opposed the bill, arguing it imposed additional financial burdens on small businesses already facing high insolvency rates and rising energy costs. Howarth criticised the government for restricting the definition of fuel-efficient vehicles for luxury car tax purposes, which he claimed would reduce consumer choice and penalise hybrid vehicle owners. Howarth also objected to making general interest charges non-deductible, stating this was punitive and ignored the complexity of tax compliance for small enterprises. Howarth supported the extension of the notification period for BAS refunds to help combat fraud but opposed the reduction of the instant asset write-off to $20,000.