Territory Stories

Annual Report 2000/2001 Territory Housing

Details:

Title

Annual Report 2000/2001 Territory Housing

Other title

Tabled paper 154

Collection

Tabled Papers for 9th Assembly 2001 - 2005; Tabled Papers; ParliamentNT

Date

2001-11-29

Description

Deemed

Notes

Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.

Language

English

Subject

Tabled papers

File type

application/pdf

Use

Copyright

Copyright owner

See publication

License

https://www.legislation.gov.au/Details/C2019C00042

Parent handle

https://hdl.handle.net/10070/284047

Citation address

https://hdl.handle.net/10070/751358

Page content

Appendix Territory Housing pays Fringe Benefits Tax on all low interest loans previously offered to Northern Territory Government public sector employees as an incentive to attract long term residency in the Northern Territory. Although the scheme is no longer available the tax liability remains for the life o f existing loans. Fringe Benefits Tax is due on the difference between market loan interest rates and the interest rates o f existing loans. (^Fringe Benefits Tax 2000-2001 Community service obligation (CSO) funding received Net cost o f delivering service CSO Surplus / (Deficit) 140 164 -24 173 138 35 136