Part 1: Revenue Measures
Table 1: Revenue measures since the 2006-07 MYEFO(a)
|
2007-08 $m |
2008-09 $m |
2009-10 $m |
2010-11 $m |
|
|---|---|---|---|---|
| ATTORNEY-GENERAL'S | ||||
| Attorney-General's Department | ||||
| COAG – harmonise and rationalise the law on personal property securities(b) | - | 4.2 | 29.0 | 29.8 |
| Australian Customs Service | ||||
| Customs duty – clarification of the time limit for recovery | - | - | - | - |
| Deferred settlement of excise and excise-equivalent customs duties | - | - | - | - |
| Energy Grants (Cleaner Fuels) Scheme(b) | - | - | - | - |
| Excise and excise-equivalent customs duty – enhancing and streamlining eligibility for refunds, remissions and drawbacks | -3.1 | -8.7 | -9.2 | -9.7 |
| Expand the range of goods in inwards duty free stores | .. | .. | .. | .. |
| Tourist Refund Scheme – introducing private providers and enhancements to tax-free shopping | .. | .. | .. | .. |
| Portfolio total | -3.1 | -4.5 | 19.8 | 20.1 |
| COMMUNICATIONS, INFORMATION TECHNOLOGY AND THE ARTS | ||||
| Australian Communications and Media Authority | ||||
| Australian Communications and Media Authority – additional funding(b) | - | 1.0 | 1.4 | 1.4 |
| Portfolio total | - | 1.0 | 1.4 | 1.4 |
| EDUCATION, SCIENCE AND TRAINING | ||||
| Department of Education, Science and Training | ||||
| Dental school – Charles Sturt University(b) | - | - | .. | .. |
| Realising Our Potential | ||||
| – allowing more responsive universities(b) | 1.3 | 2.9 | 3.6 | 4.2 |
| – FEE-HELP for Diploma and Advanced Diploma VET courses(b) | 1.8 | 6.8 | 15.1 | 25.3 |
| – increasing university funding(b) | - | 0.2 | 0.8 | 1.7 |
| Portfolio total | 3.1 | 10.0 | 19.5 | 31.2 |
| FINANCE AND ADMINISTRATION | ||||
| Department of Finance and Administration | ||||
| Comcover – discontinuation of the reinsurance programme(b) | -0.5 | -0.5 | -0.5 | -0.5 |
| Portfolio total | -0.5 | -0.5 | -0.5 | -0.5 |
| FOREIGN AFFAIRS AND TRADE | ||||
| Department of Foreign Affairs and Trade | ||||
| Passport fees – CPI indexation | 8.5 | 14.9 | 20.4 | 26.6 |
| Portfolio total | 8.5 | 14.9 | 20.4 | 26.6 |
| HEALTH AND AGEING | ||||
| Department of Health and Ageing | ||||
| Pharmaceutical Benefits Scheme – minor new listings(b) | nfp | nfp | nfp | nfp |
| Portfolio total | nfp | nfp | nfp | nfp |
| IMMIGRATION AND CITIZENSHIP | ||||
| Department of Immigration and Citizenship | ||||
| 457 visas – ongoing management of caseload(b) | 1.7 | 2.1 | 2.0 | 2.1 |
| Citizenship Test(b) | 5.5 | 9.4 | 9.7 | 10.0 |
| Cost recovery policy implementation – removal of the Taiwan visa facilitation fee | -3.3 | -3.3 | -3.3 | -3.4 |
| Migration Programme | ||||
| – 4,000 additional family stream places for 2006-07(b) | - | - | - | - |
| – 8,800 place increase for 2007-08(b) | 1.2 | 1.2 | 1.3 | 1.3 |
| Review of student visa two-stage permission to work – implementation(b) | 1.1 | -0.9 | -0.9 | -1.0 |
| World Youth Day 2008 – support(b) | -3.2 | - | - | - |
| Portfolio total | 3.0 | 8.5 | 8.7 | 9.0 |
| PRIME MINISTER AND CABINET | ||||
| Australian National Audit Office | ||||
| Auditing standards – meeting new requirements(b) | 0.6 | 0.6 | 0.6 | 0.6 |
| Portfolio total | 0.6 | 0.6 | 0.6 | 0.6 |
| TREASURY | ||||
| Australian Prudential Regulation Authority | ||||
| Australian Prudential Regulation Authority | ||||
| – strengthened capabilities and continuation of funding(b) | - | - | - | - |
| – sustaining capabilities in prudential regulation(b) | 6.8 | 6.0 | 5.7 | 5.5 |
| Superannuation – preventing public offer funds from imposing a participating employer requirement | - | - | - | - |
| Australian Taxation Office | ||||
| Afghanistan – Australian Defence Force deployments(b) | -9.0 | -5.0 | - | - |
| Amounts misappropriated by an agent – income tax treatment | * | * | * | * |
| Australian property trusts – enhancing international competitiveness | - | * | * | * |
| Capital gains tax | ||||
| – extending small superannuation fund roll-over on marriage breakdown | - | -1.0 | -1.0 | -1.0 |
| – scrip for scrip roll-over for medical defence organisations | - | - | - | - |
| Carbon sink forests – establishment costs deductible | - | -6.0 | -7.9 | -9.7 |
| Child Care Tax Rebate – conversion to a direct payment(b) | - | 425.0 | 475.0 | 530.0 |
| Company loss recoupment rules – same business test and technical amendments | -15.0 | -40.0 | -50.0 | -70.0 |
| Consolidation | ||||
| – further improvements to the operation of the income tax law for consolidated groups | * | * | * | * |
| – modify the membership rules and the capital gains tax provisions for authorised deposit-taking institutions | - | - | - | - |
| Debt collection enhancement – reducing taxation debt and outstanding superannuation guarantee charge payments(b) | 5.0 | 45.0 | 45.0 | 45.0 |
| Deferred settlement of excise and excise-equivalent customs duties | - | - | - | - |
| Energy Grants (Cleaner Fuels) Scheme(b) | - | - | - | - |
| Excise and excise-equivalent customs duty – enhancing and streamlining eligibility for refunds, remissions and drawbacks | -6.0 | -12.0 | -15.0 | -15.0 |
| Finance leasing – taxation treatment to remain unchanged | -20.0 | -65.0 | -75.0 | -100.0 |
| Forestry managed investment schemes | ||||
| – statutory deduction for investments | - | - | - | - |
| – trading of interests | - | 60.0 | 60.0 | 20.0 |
| Global Integration – extension of the premium 175 per cent research and development tax concession to subsidiaries of multinational enterprises | -50.0 | -50.0 | -50.0 | -50.0 |
| Increasing the GST registration turnover threshold | -0.7 | -4.7 | -4.4 | -4.0 |
| Increasing the threshold for requiring an approved tax invoice for GST | -2.8 | -3.6 | -3.8 | -4.0 |
| Iraq – continued funding for stabilisation and reconstruction activities(b) | -23.0 | - | - | - |
| PAYG instalments paid annually when voluntarily registered for GST | - | -100.0 | -20.0 | -20.0 |
| Personal income tax cuts | -5305.0 | -8350.0 | -8785.0 | -9050.0 |
| Personal income tax | ||||
| – increase the dependent spouse rebate | -20.0 | -130.0 | -135.0 | -140.0 |
| – increasing the Medicare levy low-income thresholds | -60.0 | -30.0 | -30.0 | -30.0 |
| – tax status of Australian Defence Force Operation Ramp | .. | - | - | - |
| – tax status of Defence Force Income Support Allowance | - | - | - | - |
| Petroleum resource rent tax – minor policy issues | - | - | - | - |
| Philanthropy | ||||
| – changes to prescribed private funds | -1.3 | -1.4 | -1.5 | -1.6 |
| – updating the list of deductible gift recipients | -0.8 | -1.6 | -1.4 | -1.2 |
| Screen media support package(b) | - | 11.0 | 22.0 | 22.0 |
| Simplified accounting methods – extending availability | - | 1.0 | 1.0 | 1.0 |
| Superannuation | ||||
| – reforming the Public Sector Superannuation Scheme and the Commonwealth Superannuation Scheme(b) | - | 3.4 | 10.7 | 14.5 |
| – taxation of lump sum superannuation death benefit payments to non-dependants of defence personnel and police | -0.2 | -0.2 | -0.2 | -0.2 |
| – transitional arrangements for personal contributions | -1.0 | -2.0 | -2.0 | -2.0 |
| Tax law secrecy and disclosure rules – standardisation | - | - | - | - |
| Thin capitalisation | ||||
| – definition of excluded equity interest | - | - | - | - |
| – extension of accounting standard transitional arrangements | - | - | - | - |
| Tobacco Growers Adjustment Assistance Package 2006 – tax-free grants | -1.3 | -1.3 | - | - |
| Tourist Refund Scheme – introducing private providers and enhancements to tax-free shopping | -1.0 | -1.0 | -1.0 | -1.0 |
| Venture capital – improved taxation treatment | - | -2.0 | -7.0 | -16.0 |
| Department of the Treasury | ||||
| Debt collection enhancement – reducing taxation debt and outstanding superannuation guarantee charge payments(b) | 3.0 | 4.3 | 4.2 | 3.7 |
| Portfolio total | -5502.3 | -8251.1 | -8566.6 | -8874.0 |
| Decisions taken but not yet announced | -90.0 | - | - | - |
| Total impact of revenue measures(c) | -5580.7 | -8221.1 | -8496.7 | -8785.6 |
* The nature of the measure is such that a reliable estimate cannot be provided.
.. Not zero, but rounded to zero.
- Nil.
nfp not for publication.
- A minus sign before an estimate indicates a reduction in revenue, no sign before an estimate indicates a gain to revenue.
- Details of these measures can be found under Part 2: Expense measures.
- Measures may not add due to rounding.