article_snippet: the government has come under pressure from some not-for-profit agencies, who say the government could save astronomical amounts of money over the coming years if they were to get rid of the concessions.
article_snippet: According to a report submitted by Save The Children Australia, the exemption from fringe benefits  is estimated to cost the Treasury up to $600 million a year over the next few years.
article_snippet: the Treasury has estimated that the Treasury will cost over $2 billion in lost tax over the next four years.
article_snippet: According to a Treasury report, this concession will cost  $465 million this year alone in lost tax and that figure will rise by nearly $100,000 by 2018.
highlights_snippet: The Fringe Benefits Tax exemption  is likely to cost the state  $2b in lost tax in four years .
  
highlights_snippet: The Children report say the government could save $600m in one year .