In February 2023, the Commonwealth of Australia (Treasury) issued its latest Tax Expenditures and Insights Statement (TEIS).

Treasury tells us that "transparent reporting of tax expenditures and other aspects of the tax system provides a more complete picture of the impact of government policies on individuals, households and business, and any revenue foregone".

In the table below we have highlighted the revenue forgone as a result of CGT concessions, but you might find it interesting to review some of the other items.