What do tax concessions really cost?

Taxation Expenditure Data

You are currently displaying the option highlighted by the icon below. To display options mouse over the icon then click to select.

Categories - [2018-19 Report]

Capital Gains Tax $77.350B
Retirement Savings $43.920B
Goods and Services Tax $26.183B
Personal Income $16.237B
Business Income $10.417B
Fringe Benefits Tax $5.786B
Natural Resources Taxes $0.010B
Commodity and Other Indirect Taxes $-1.396B
Mining, manufacturing and construction $-1.500B
Click to show Categories and click to select data to show.

Business Income - [2018-19 Report]


B12 Expenditure Category: Business Income p.53

Title: Exemption from interest withholding tax on certain securities

$2.150 B
2.150 B
$1.910 B
1.910 B
$2.310 B
2.310 B
$2.360 B
2.310 B
$2.360 B
2.360 B
$2.360 B
2.360 B
$2.360 B
2.360 B
$2.360 B
2.360 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B2 Expenditure Category: Business Income p.50

Title: Local government bodies income tax exemption

$1.480 B
1.480 B
$1.620 B
1.620 B
$1.660 B
1.660 B
$1.890 B
1.660 B
$2.150 B
2.150 B
$2.450 B
2.450 B
$2.790 B
2.790 B
$3.170 B
3.170 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B52 Expenditure Category: Business Income p.69

Title: Lower company tax rate

$0.000 B
0.000 B
$0.200 B
0.200 B
$1.300 B
1.300 B
$1.400 B
1.300 B
$1.800 B
1.800 B
$1.900 B
1.900 B
$3.400 B
3.400 B
$4.100 B
4.100 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B73 Expenditure Category: Business Income p.77

Title: Capital works expenditure deduction

$0.780 B
0.780 B
$0.920 B
0.920 B
$0.990 B
0.990 B
$1.010 B
0.990 B
$1.080 B
1.080 B
$1.150 B
1.150 B
$1.230 B
1.230 B
$1.320 B
1.320 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B6 Expenditure Category: Business Income p.51

Title: Reduced withholding tax under international tax treaties

$0.500 B
0.500 B
$0.610 B
0.610 B
$0.660 B
0.660 B
$0.690 B
0.660 B
$0.720 B
0.720 B
$0.760 B
0.760 B
$0.800 B
0.800 B
$0.840 B
0.840 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B78 Expenditure Category: Business Income p.80

Title: Research and development - non-refundable tax offset

$0.970 B
0.970 B
$0.830 B
0.830 B
$0.780 B
0.780 B
$0.700 B
0.780 B
$0.650 B
0.650 B
$0.360 B
0.360 B
$0.280 B
0.280 B
$0.350 B
0.350 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B13 Expenditure Category: Business Income p.54

Title: Exemption of inbound non-portfolio dividends from income tax

$0.680 B
0.680 B
$0.690 B
0.690 B
$0.520 B
0.520 B
$0.570 B
0.520 B
$0.620 B
0.620 B
$0.620 B
0.620 B
$0.620 B
0.620 B
$0.620 B
0.620 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B34 Expenditure Category: Business Income p.62

Title: Farm Management Deposit scheme

$0.170 B
0.170 B
$0.240 B
0.240 B
$0.250 B
0.250 B
$0.500 B
0.250 B
$0.370 B
0.370 B
$0.000 B
0.000 B
$0.000 B
0.000 B
$0.000 B
0.000 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B62 Expenditure Category: Business Income p.73

Title: Unincorporated small business tax discount

$0.000 B
0.000 B
$0.000 B
0.000 B
$0.250 B
0.250 B
$0.350 B
0.250 B
$0.350 B
0.350 B
$0.350 B
0.350 B
$0.400 B
0.400 B
$0.500 B
0.500 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B8 Expenditure Category: Business Income p.52

Title: Concessional tax treatment of offshore banking units

$0.240 B
0.240 B
$0.285 B
0.285 B
$0.315 B
0.315 B
$0.295 B
0.315 B
$0.295 B
0.295 B
$0.295 B
0.295 B
$0.295 B
0.295 B
$0.295 B
0.295 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B81 Expenditure Category: Business Income p.

Title: International tax concessional rate of final withholding tax on certain distributions by Australian managed investment trusts to foreign residents

$0.220 B
0.220 B
$0.300 B
0.300 B
$0.305 B
0.305 B
$0.275 B
0.305 B
$0.270 B
0.270 B
$0.270 B
0.270 B
$0.270 B
0.270 B
$0.270 B
0.270 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B18 Expenditure Category: Business Income p.55

Title: Not-for-profit private health insurers income tax exemption

$0.105 B
0.105 B
$0.110 B
0.110 B
$0.100 B
0.100 B
$0.115 B
0.100 B
$0.115 B
0.115 B
$0.115 B
0.115 B
$0.115 B
0.115 B
$0.115 B
0.115 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B26 Expenditure Category: Business Income p.58

Title: Tax exemption for National Rental Affordability Scheme incentives

$0.015 B
0.015 B
$0.032 B
0.032 B
$0.045 B
0.045 B
$0.062 B
0.045 B
$0.082 B
0.082 B
$0.084 B
0.084 B
$0.086 B
0.086 B
$0.087 B
0.087 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B63 Expenditure Category: Business Income p.74

Title: Accelerated depreciation of fencing and fodder storage assets for primary producers

$0.000 B
0.000 B
$0.003 B
0.003 B
$0.030 B
0.030 B
$0.050 B
0.030 B
$0.065 B
0.065 B
$0.095 B
0.095 B
$0.100 B
0.100 B
$0.085 B
0.085 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B27 Expenditure Category: Business Income p.59

Title: Film industry concessions

$0.069 B
0.069 B
$0.050 B
0.050 B
$0.062 B
0.062 B
$0.058 B
0.062 B
$0.043 B
0.043 B
$0.066 B
0.066 B
$0.056 B
0.056 B
$0.054 B
0.054 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B64 Expenditure Category: Business Income p.74

Title: Accelerated write-off for expenditure on water facilities for primary producers

$0.005 B
0.005 B
$0.010 B
0.010 B
$0.045 B
0.045 B
$0.045 B
0.045 B
$0.040 B
0.040 B
$0.035 B
0.035 B
$0.035 B
0.035 B
$0.030 B
0.030 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B40 Expenditure Category: Business Income p.64

Title: Shipping investment incentives

$0.030 B
0.030 B
$0.030 B
0.030 B
$0.030 B
0.030 B
$0.030 B
0.030 B
$0.030 B
0.030 B
$0.030 B
0.030 B
$0.030 B
0.030 B
$0.030 B
0.030 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B58 Expenditure Category: Business Income p.72

Title: Tax incentives for early stage investors

$0.000 B
0.000 B
$0.000 B
0.000 B
$0.000 B
0.000 B
$0.025 B
0.000 B
$0.030 B
0.030 B
$0.030 B
0.030 B
$0.030 B
0.030 B
$0.030 B
0.030 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B14 Expenditure Category: Business Income p.54

Title: Interest withholding tax concession on interest payments by financial institutions

$0.015 B
0.015 B
$0.015 B
0.015 B
$0.015 B
0.015 B
$0.010 B
0.015 B
$0.010 B
0.010 B
$0.010 B
0.010 B
$0.010 B
0.010 B
$0.010 B
0.010 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B56 Expenditure Category: Business Income p.71

Title: Small business immediate deduction for professional expenses

$0.000 B
0.000 B
$0.000 B
0.000 B
$0.010 B
0.010 B
$0.010 B
0.010 B
$0.010 B
0.010 B
$0.010 B
0.010 B
$0.010 B
0.010 B
$0.010 B
0.010 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B41 Expenditure Category: Business Income p.64

Title: Shipping refundable tax offset for employers of qualifying Australian seafarers

$0.002 B
0.002 B
$0.000 B
0.000 B
$0.004 B
0.004 B
$0.003 B
0.004 B
$0.002 B
0.002 B
$0.002 B
0.002 B
$0.002 B
0.002 B
$0.002 B
0.002 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B22 Expenditure Category: Business Income p.57

Title: Superannuation Guarantee amnesty

$0.000 B
0.000 B
$0.000 B
0.000 B
$0.000 B
0.000 B
$0.000 B
0.000 B
$0.000 B
0.000 B
$0.026 B
0.026 B
$0.000 B
0.000 B
$0.000 B
0.000 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B35 Expenditure Category: Business Income p.62

Title: Income tax averaging for primary producers

$0.195 B
0.195 B
$0.190 B
0.190 B
$0.195 B
0.195 B
$0.000 B
0.195 B
$0.000 B
0.000 B
$0.000 B
0.000 B
$0.000 B
0.000 B
$0.000 B
0.000 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B55 Expenditure Category: Business Income p.70

Title: Philanthropy - refund of franking credits for certain income tax exempt philanthropic entities

$0.740 B
0.740 B
$1.160 B
1.160 B
$1.115 B
1.115 B
$0.000 B
1.115 B
$0.000 B
0.000 B
$0.000 B
0.000 B
$0.000 B
0.000 B
$0.000 B
0.000 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B37 Expenditure Category: Business Income p.63

Title: Sustainable Rural Water Use and Infrastructure Program

$-0.005 B
-0.005 B
$0.000 B
0.000 B
$-0.005 B
-0.005 B
$0.010 B
-0.005 B
$-0.010 B
-0.010 B
$-0.010 B
-0.010 B
$-0.015 B
-0.015 B
$-0.010 B
-0.010 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B39 Expenditure Category: Business Income p.63

Title: Denial of depreciation deduction for car value above the car limit

$-0.130 B
-0.130 B
$-0.140 B
-0.140 B
$-0.150 B
-0.150 B
$-0.170 B
-0.150 B
$-0.180 B
-0.180 B
$-0.190 B
-0.190 B
$-0.200 B
-0.200 B
$-0.210 B
-0.210 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B70 Expenditure Category: Business Income p.76

Title: Exploration and prospecting deduction

$-0.450 B
-0.450 B
$-0.450 B
-0.450 B
$-0.400 B
-0.400 B
$-0.400 B
-0.400 B
$-0.400 B
-0.400 B
$-0.400 B
-0.400 B
$-0.350 B
-0.350 B
$-0.300 B
-0.300 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22


B77 Expenditure Category: Business Income p.79

Title: Research and development - exemption of refundable tax offset

$-0.360 B
-0.360 B
$-0.410 B
-0.410 B
$-0.440 B
-0.440 B
$-0.465 B
-0.440 B
$-0.485 B
-0.485 B
$-0.490 B
-0.490 B
$-0.505 B
-0.505 B
$-0.530 B
-0.530 B
14-15
15-16
16-17
17-18
18-19
19-20
20-21
21-22

Business Income tax concessions where all years are zero or no estimate is available for any year

Business Income - Small business simplified depreciation rules
Business Income - Denial of deductions by businesses for political donations
Business Income - Exemptions for prescribed international organisations
Business Income - Interest withholding tax and dividend withholding tax exemptions for overseas charitable institutions
Business Income - Investment Manager Regime
Business Income - Income tax exemption for persons connected with certain US Government projects in Australia
Business Income - Exemption for foreign branch profits from income tax
Business Income - Exemption from accruals taxation system for certain transferor trusts
Business Income - Exemption from accruals taxation system for controlled foreign companies
Business Income - International tax concessional rate of final withholding tax on certain distributions by clean building managed investment trusts to foreign residents
Business Income - Threshold exemption for thin capitalisation
Business Income - Security agency transaction exemption
Business Income - Deductibility for entertainment provided without charge to those in need
Business Income - Exemption for payments for mining on Aboriginal land
Business Income - Life insurance investment income taxation concession
Business Income - Exemption of foreign currency gains and losses from certain low balance accounts
Business Income - Infrastructure enhanced loss utilisation for designated projects
Business Income - Off-market share buy-backs
Business Income - Exemption from the tax shelter prepayments measure for certain passive investments
Business Income - Prepayment rule for small business taxpayers and non-business expenditure by individuals
Business Income - The 10-year rule for prepayments
Business Income - Accelerated write-off for forestry managed investment schemes
Business Income - Deferral of profit from early sale of double wool clips
Business Income - Deferral or spreading of profit from the forced disposal or death of livestock
Business Income - Spreading of insurance income for loss of timber or livestock
Business Income - Valuation of livestock from natural increase
Business Income - Deductions for boat expenditure
Business Income - Capital gains tax concession for carried interests paid to venture capital partners
Business Income - Clarification of the debt or equity treatment of perpetual subordinated debt
Business Income - Deduction for borrowing expenses
Business Income - Deduction for certain co-operatives repaying government loans
Business Income - Denial of deductibility for non-compliant payments
Business Income - Family trust loss rules
Business Income - Income tax exemption for prescribed entities
Business Income - Income tax exemptions for foreign government entities
Business Income - Income tax exemptions for foreign superannuation funds
Business Income - Managed investment trusts - election to allow capital gains tax to be the primary code for disposals of certain assets
Business Income - Philanthropy - income tax exemption for not-for-profit companies
Business Income - Tax exemption for small and medium credit unions
Business Income - Tax incentives for Venture Capital Limited Partnerships and Early Stage Venture Capital Limited Partnerships
Business Income - Treatment of distributions on certain term subordinated notes
Business Income - Treatment of finance leases
Business Income - Accelerated write-off for horticultural plants
Business Income - Accelerated write-off for irrigation water providers
Business Income - Accelerated write-off for landcare operations
Business Income - Accelerated write-off for telephone lines and electricity connections
Business Income - Closing stock valuation options for horse breeding stock
Business Income - Statutory effective life caps
Business Income - Absence of depreciation recapture for certain assets
Business Income - Depreciation balancing adjustment roll-over relief
Business Income - Depreciation pooling for low value assets
Business Income - Depreciation to nil value rather than estimated scrap value
Business Income - Small business simplified trading stock rules
Business Income - Exception to equity interest test for certain related party at call loans
×