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Friday, 12 June 1970

Mr Barnard asked the Treasurer, upon notice:

What would be the cost to revenue of making Citizen Military Forces earnings non-taxable.

Mr Bury - The answer to the honourable member's question is as follows:

As a result of amendments made with effect from the commencement of the 1964-65 income year, pay and allowances received by members of the Citizen Forces are already exempt from income tax in respect of service, other than continuous full-time service. It has been estimated that the further cost to income tax revenue of making all pay and allowances of members of the Citizen Forces non-taxable would be approximately $500,000 per annum.

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