Federal budget 2016-17 tax changes (AKA Tax White Paper)

Dabner, Justin (2016) Federal budget 2016-17 tax changes (AKA Tax White Paper). In: [Presented at CPA Australia Meeting]. From: 2016 Budget Presentation to CPA Australia, 17 May 2016, Cairns, QLD, Australia.

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Abstract

Tax revenues are forecast to increase from 23.5% of GDP in 2015-16 to 25.1% of GDP by 2019-20.

Expenditures are expected to fall from 25.8% to 25.2% of GDP over the same period.

Over the four year period the government's nominal tax receipts are forecast to increase by 30%. Tax receipts will amount to $500 billion by 2019-20. Whilst much of the increase is predicated on growth new tax measures will also need to contribute, and in a big way. The government plans to collect an additional $28 billion each year!

Item ID: 46340
Item Type: Conference Item (Presentation)
Keywords: 2016 Federal Budget, Tax
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Date Deposited: 14 Sep 2017 03:53
FoR Codes: 18 LAW AND LEGAL STUDIES > 1801 Law > 180125 Taxation Law @ 100%
SEO Codes: 94 LAW, POLITICS AND COMMUNITY SERVICES > 9499 Other Law, Politics and Community Services > 949999 Law, Politics and Community Services not elsewhere classified @ 100%
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