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Thursday, 9 December 1971
Page: 4610


Mr Grassby asked the Treasurer, upon notice:

(1)   What Australian exports were covered in the pay-roll tax rebates which amounted to $49.356m in the last financial year.

(2)   What were the values of these exports.

(3)   What were the percentages of export income represented by these exports which attracted these rebates.


Mr Snedden - The answer to the honourable member's question is as follows: (1), (2) and (3) Rebates of pay-roll tax allowed in 1970-71 related to increases in exports in the years 1963-64 to 1969-70 inclusive over exports in the relevant base periods. The yearly break-up was as follows:

 

(Theslight discrepancy between the sum of the amounts for each year of export and the total is due to rounding and adjustments in respect of earlier year rebate determinations)

It is not practicable to provide a year-by-year dissection of rebates by commodities but the fol lowing table sets out an estimated dissection, by broad commodity classes, based on statistics of rebates allowed in 1970-71 in respect of export increases in 1968-69 and 1969-70 which, as indicated in the table above, accounted for the bulk of the rebates.

 







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