Revenue foregone
Perrier Ryan • May 4, 2023
Tax Expenditures and Insights Statement issued February 2023
In February 2023, the Commonwealth of Australia (Treasury) issued its latest Tax Expenditures and Insights Statement (TEIS).
Treasury tells us that "transparent reporting of tax expenditures and other aspects of the tax system provides a more complete picture of the impact of government policies on individuals, households and business, and any revenue foregone".
In the table below we have highlighted the revenue forgone as a result of CGT concessions, but you might find it interesting to review some of the other items.
If you’re interested in the full report you can access it via
treasury.gov.au.
If ever you need to recover your Director ID number, here are some instructions to assist with that
Effective 7 March 2025, Perrier Ryan General Insurance portfolio was sold to Benjamin & Benjamin Insurance Group
TAX UPDATE: Temporary increase to the instant asset write off (IAWO) threshold extended to FY2025
Implications for Investors and the Economy
2025 is off to a flying start
FBT reporting is due soon - get ready to take your Odometer reading on 31 March 2025
