Senate debates Bills
Treasury Laws Amendment (2023 Measures No. 1) Bill 2023; In Committee
Dean Smith WA, Liberal Party, Shadow Assistant Minister for Competition, Charities and Treasury
5:31 pm
Senate question on notice No. 1692 asked how much of the revenue raised through the measure is realised through increases to superannuation tax receipts. In response the Treasury said:
Over the forward estimates, superannuation fund tax receipts are expected to increase by $400 million as a result of this policy.
Does the government maintain that the measures contained in schedules 4 and 5 are not a tax increase on Australian retirement savings?
No comments