Redesigned Voluntary Tax Transparency Code released by Board of Tax

The redesigned code provides some optionality, allowing an avenue for businesses to provide additional tax contribution and approach to tax narratives, as highlighted by Phil Beswick, Val Misiura, Amanda Maguire and Katryne Chia.

The Board of Taxation (BoT) has finalised its redesign of the Voluntary Tax Transparency Code (VTTC). As outlined in our previous article, the VTTC is a set of principles and minimum standards to guide medium and large businesses on public disclosure of tax information.  The BoT, the body which developed and administers the VTTC, undertook to update and simplify the VTTC to better align it with the current tax transparency landscape, which includes:  Australian measures such as...

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Authors: Philip Beswick, Val Misiura,

Amanda Maguire
, Katryne Chia

Published Date: 04 November 2025

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