Appendix B: Changes in revenue since MYEFO
Table B1: Reconciliation of 2002-03 revenue estimates (accrual basis)
- Includes Medicare levy revenue.
- Previously reported as Pay As You Go (Withholding) and other withholding. Other withholding was previously reported under company and other income tax, and includes amounts withheld for failure to quote a Tax File Number or an Australian Business Number, interest, dividends and royalty payments to non-residents, and payments to aboriginal groups for the use of land for mineral exploration and mining.
- Includes tax on contributions, earnings and the contributions surcharge.
- Includes the wine equalisation tax, luxury car tax and the final wholesale sales tax liability.
- Consistent with GFS reporting standards, excludes FBT collected from Commonwealth government agencies (estimated at $380 million in 2002-03).
Table B2: Reconciliation of 2003-04 revenue estimates (accrual basis)
- Includes Medicare levy revenue.
- Previously reported as Pay As You Go (Withholding) and other withholding. Other withholding was previously reported under company and other income tax, and includes amounts withheld for failure to quote a Tax File Number or an Australian Business Number, interest, dividends and royalty payments to non-residents, and payments to aboriginal groups for the use of land for mineral exploration and mining.
- Includes tax on contributions, earnings and the contributions surcharge.
- Includes the wine equalisation tax, luxury car tax and the final wholesale sales tax liability.
- Consistent with GFS reporting standards, excludes FBT collected from Commonwealth government agencies (estimated at $400 million in 2003-04).