Australian Taxation Office

New or updated materials on ATO website.

Home ownership

The House of Representatives Standing Committee on Economics has announced a new inquiry into home ownership. The terms of reference require the committee to inquire into and report on, among other things:

  • the impact of current tax policy at all levels; and
  • opportunities for reform.

Submissions can be made to the inquiry by Friday 26 June 2015.

Taxation revenue statistics

This ABS Publication contains statistics of taxation revenue collected by all levels of government in Australia for the periods 2008-09 to 2013-14. The taxation revenue statistics presented are for the general government sector and include taxes received from public corporations. In 2013–14, taxes on income represented 57% of total taxation revenue for all levels of government and taxes on provision of goods and services, including the GST, represented 23%.

Progress of Bills in Parliament:

Social security agreement with India

The Joint Standing Committee on Treaties tabled a report on the Agreement between Australia and the Republic of India on Social Security this week, which recommended that binding treaty action be taken.