Australia's Future Tax System

Final Report: Overview

Appendix A: Acronyms

AAT
Administrative Appeals Tribunal
ABARE
Australian Bureau of Agricultural and Resource Economics
ABS
Australian Bureau of Statistics
ACAT
Aged Care Assessment Teams
ACC
allowance for corporate capital
ACCC
Australian Competition and Consumer Commission
ACFI
Aged Care Funding Instrument
ACMA
Australian Communications and Media Authority
ADF
Australian Defence Force
AFP
Australian Federal Police
AFTS
Australia's Future Tax System
AGIMO
Australian Government Information Management Office
AIHW
Australian Institute of Health and Welfare
ANAO
Australian National Audit Office
APRA
Australian Prudential Regulation Authority
APSC
Australian Public Service Commission
ASIC
Australian Securities and Investments Commission
ATO
Australian Taxation Office
AWOTE
average weekly ordinary time earnings
BAS
business activity statement
BITRE
Bureau of Infrastructure, Transport and Regional Economics
BTO
beneficiary tax offset
BTRE
Bureau of Transport and Regional Economics
CACP
Community Aged Care Program
CASA
Civil Aviation Safety Authority
CCB
Child Care Benefit
CCR
Child Care Rebate
CFT
cash flow tax
CGC
Commonwealth Grants Commission
CGT
capital gains tax
COAG
Council of Australian Governments
CPRS
Carbon Pollution Reduction Scheme
CTP
Compulsory Third Party insurance
DEEWR
Department of Education, Employment and Workplace Relations
DEWHA
Department of Environment, Water, Heritage and the Arts
DGR
deductible gift recipient
DHA
Department of Health and Ageing
DHS
Department of Human Services
DSP
Disability Support Pension
DVA
Department of Veterans' Affairs
EACH
Extended Aged Care at Home
EC
European Commission
EITE
emissions-intensive trade-exposed
EMTRs
effective marginal tax rates
ETO
entrepreneurs' tax offset
ETR
education tax refund
EU
European Union
FAMT
Family Actual Means Test
FaHCSIA
Department of Families, Housing, Community Services and Indigenous Affairs
FBT
fringe benefits tax
FMW
federal minimum wage
FST
financial services tax
FTB
Family Tax Benefit
GDP
gross domestic product
GOS
gross operating surplus
GST
goods and services tax
HACC
Home and Community Care
HECS
Higher Education Contributions Scheme
HELP
Higher Education Loan Program
HFE
horizontal fiscal equalisation
IGOT
Inspector-General of Taxation
IMF
International Monetary Fund
IPART
NSW Independent Pricing and Regulatory Tribunal
IVU
in-vehicle units
IWT
interest withholding tax
JCPAA
Joint Committee of Public Accounts and Audit
LCT
luxury car tax
LITO
low income tax offset
LPG
liquefied petroleum gas
MAWTO
mature age worker tax offset
MTAWE
male total average weekly earnings
MYEFO
mid-year economic and fiscal outlook
NFP
not-for-profit
NHHRC
National Health and Hospitals Reform Commission
NRR
net replacement rate
NRS
National Relay Service
NSA
Newstart Allowance
NTLG
National Tax Liaison Group
PAYG
pay as you go
PPL
paid parental leave
PPP
Parenting Payment Partnered
PPS
Parenting Payment Single
PRRT
petroleum resource rent tax
PTR
participation tax rate
RBA
Reserve Bank of Australia
RET
renewable energy target
RWT
royalty withholding tax
SATO
senior Australians tax offset
SBR
standard business reporting
SPP
special purpose payment
SSAT
Social Security Appeals Tribunal
UK
United Kingdom
US
United States
USO
universal service obligation
VAT
value added tax
WET
wine equalisation tax
WRE
work related expenses
YA
Youth Allowance
ZTO
zone tax offset