Page 3155 - Week 09 - Thursday, 13 October 2022

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(2) Is the Government considering a new review following fiscal impact of COVID-19.

(3) How many entities paid payroll tax to the ACT in (a) 2019-20, (b) 2020-21 and 2021-22.

(4) What were the (a) compliance and debt recovery costs and (b) administration and collection costs, in terms of cents per dollar of revenue, in 2021-22 of ACT’s (i) land tax, (ii) general rates, (iii) payroll tax and (iv) foreign ownership land tax surcharge.

(5) What was the total value of revenue foregone on general rates and the Fire and Emergency Services levy due to concessions in (a) 2019-20, (b) 2020-21 and
(c) 2021-22.

(7) What was the total value of revenue foregone on general rates and the Fire and Emergency Services levy due to payment deferrals in (a) 2019-20, (b) 2020-21 and
(c) 2021-22.

(8) In 2021-22, what as the total mean and median nominal land tax payable for all dwellings with AUVs, within the thresholds of (a) $300k-$600k, (b) $600k-$1 million,
(c) $1 million-$1.8 million, (d) $1.8 million-$2.5million and (e) $2.5 million plus.

(9) In 2021-22, how many dwellings that paid land tax in the ACT had an AUV of
(a) $300k-$600k, (b) $600k-$1 million, (c) $1 million-$1.8 million,
(d) $1.8 million-$2.5 million and (e) $2.5 million plus.

(10) How does Treasury decide what is a “good” tax and are there criteria.

Mr Barr: The answer to the member’s question is as follows:

(1) The 2012 ACT Taxation Review Paper cost $677,538, including consultancy work, panel honorarium, expert advice, printing and administration.

(2) The Government undertakes reviews of tax reform for each stage of tax reform. The outcomes of the reviews were published in the 2016-17 Budget and the 2020 Economic and Fiscal Update. I anticipate there will be a review towards the end of Stage 3 of tax reform (2021-22 to 2025-26).

(3) The number of entities that paid payroll tax to the ACT in:

(a) 2019-20 – 3,699

(b) 2020-21 – 3,847

(4) This question is unable to be answered. The operational costs of the ACT Revenue Office for the administration and enforcement of taxes are not recorded by the categories asked in the question.

(5) There are a number of concessions available to eligible ratepayers every year. The total revenue foregone on general rates and the Fire and Emergency Services levy

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