The cost recovery information included in this note is in relation to financial industry supervisory levies (FISL), excise equivalent goods (EEG) warehouse licences and Tax Practitioners’ Board (TPB) application fees.

Revenue collected by the FISL by the Australian Prudential and Regulation Authority from the superannuation industry includes a component to cover the expenses of the ATO in administering the superannuation lost member register, unclaimed superannuation frameworks and compassionate release of super.

The EEG information relates to warehouse licence applications and renewals issued by the ATO under delegation with the Department of Home Affairs. It also covers the compliance activities associated with the granting of warehouse licences. This is in accordance with the Customs Act 1901.

The TPB applications fees are for processing tax practitioner registration and renewal applications.

A copy of the Cost Recovery Implementation Statement for FISL is available at
https://www.apra.gov.au/sites/default/files/cost_recovery_implementation_statement_prudential_regulation_of_financial_institutions_2019-2020.pdf

A copy of the Cost Recovery Implementation Statement for Cargo and Trade related activities is available from the Department of Home Affairs.

The Cost Recovery Implementation Statement for TPB application fees is available at https://www.tpb.gov.au/sites/default/files/tpb_cost_recovery_implementation_statement.pdf.