Statement 5: Revenue (Continued)
Appendix B: Changes since the 2012‑13 MYEFO
| Estimates | Change on MYEFO | ||||
|---|---|---|---|---|---|
| MYEFO $m |
Budget $m |
$m | % | ||
| Individuals' and other withholding taxes | |||||
| Gross income tax withholding | 151,300 | 150,300 | -1,000 | -0.7 | |
| Gross other individuals | 35,000 | 33,300 | -1,700 | -4.9 | |
| less: Refunds | 26,500 | 26,750 | 250 | 0.9 | |
| Total individuals' and other withholding taxation | 159,800 | 156,850 | -2,950 | -1.8 | |
| Fringe benefits tax | 3,970 | 3,860 | -110 | -2.8 | |
| Company tax | 71,170 | 66,000 | -5,170 | -7.3 | |
| Superannuation funds | 8,050 | 7,680 | -370 | -4.6 | |
| Resource rent taxes(a) | 5,400 | 1,710 | -3,690 | -68.3 | |
| Income taxation receipts | 248,390 | 236,100 | -12,290 | -4.9 | |
| Sales taxes | |||||
| Goods and services tax | 48,432 | 47,918 | -515 | -1.1 | |
| Wine equalisation tax | 710 | 720 | 10 | 1.4 | |
| Luxury car tax | 450 | 430 | -20 | -4.4 | |
| Total sales taxes | 49,592 | 49,068 | -525 | -1.1 | |
| Excise duty | |||||
| Petrol | 6,000 | 6,000 | 0 | 0.0 | |
| Diesel | 8,700 | 8,600 | -100 | -1.1 | |
| Beer | 2,070 | 1,950 | -120 | -5.8 | |
| Other excisable products(b) | 9,700 | 9,020 | -680 | -7.0 | |
| of which: Other excisable beverages(c) | 930 | 900 | -30 | -3.2 | |
| Total excise duty receipts | 26,470 | 25,570 | -900 | -3.4 | |
| Customs duty | |||||
| Textiles, clothing and footwear | 700 | 680 | -20 | -2.9 | |
| Passenger motor vehicles | 920 | 920 | 0 | 0.0 | |
| Excise-like goods(b) | 4,850 | 5,660 | 810 | 16.7 | |
| Other imports | 1,530 | 1,530 | 0 | 0.0 | |
| less: Refunds and drawbacks | 200 | 330 | 130 | 65.0 | |
| Total customs duty receipts | 7,800 | 8,460 | 660 | 8.5 | |
| Carbon pricing mechanism | 4,020 | 4,160 | 140 | 3.5 | |
| Other indirect taxation | |||||
| Agricultural levies | 440 | 463 | 24 | 5.4 | |
| Other taxes | 2,497 | 2,476 | -21 | -0.9 | |
| Total other indirect taxation receipts | 2,937 | 2,939 | 2 | 0.1 | |
| Indirect taxation receipts | 90,819 | 90,197 | -622 | -0.7 | |
| Taxation receipts | 339,209 | 326,297 | -12,912 | -3.8 | |
| Sales of goods and services | 8,818 | 9,043 | 225 | 2.6 | |
| Interest received | 4,390 | 3,674 | -717 | -16.3 | |
| Dividends | 3,268 | 3,186 | -83 | -2.5 | |
| Other non-taxation receipts | 11,356 | 8,211 | -3,145 | -27.7 | |
| Non-taxation receipts | 27,832 | 24,113 | -3,719 | -13.4 | |
| Total receipts | 367,041 | 350,410 | -16,631 | -4.5 | |
| Memorandum: | |||||
| Capital gains tax(d) | 8,400 | 6,600 | -1,800 | -21.4 | |
| Medicare levy receipts | 9,700 | 9,720 | 20 | 0.2 | |
(a) Comprises gross receipts from the PRRT and MRRT.
(b) Tobacco estimates are not separately reported due to taxpayer confidentiality. See Budget Statement 9, note 3, footnote (b) for more information.
(c) Other excisable beverages are those not exceeding 10 per cent by volume of alcohol (excluding beer, brandy and wine).
(d) Capital gains tax is part of other individuals, companies and superannuation funds tax.
| Estimates | Change on MYEFO | ||||
|---|---|---|---|---|---|
| MYEFO $m |
Budget $m |
$m | % | ||
| Individuals' and other withholding taxes | |||||
| Gross income tax withholding | 163,900 | 163,200 | -700 | -0.4 | |
| Gross other individuals | 37,300 | 34,400 | -2,900 | -7.8 | |
| less: Refunds | 26,700 | 26,800 | 100 | 0.4 | |
| Total individuals' and other withholding taxation | 174,500 | 170,800 | -3,700 | -2.1 | |
| Fringe benefits tax | 4,450 | 4,270 | -180 | -4.0 | |
| Company tax | 78,680 | 71,650 | -7,030 | -8.9 | |
| Superannuation funds | 9,050 | 8,340 | -710 | -7.8 | |
| Resource rent taxes(a) | 6,400 | 3,100 | -3,300 | -51.6 | |
| Income taxation receipts | 273,080 | 258,160 | -14,920 | -5.5 | |
| Sales taxes | |||||
| Goods and services tax | 51,189 | 50,443 | -746 | -1.5 | |
| Wine equalisation tax | 720 | 770 | 50 | 6.9 | |
| Luxury car tax | 460 | 400 | -60 | -13.0 | |
| Total sales taxes | 52,369 | 51,613 | -756 | -1.4 | |
| Excise duty | |||||
| Petrol | 5,950 | 5,900 | -50 | -0.8 | |
| Diesel | 9,300 | 9,100 | -200 | -2.2 | |
| Beer | 2,180 | 2,020 | -160 | -7.3 | |
| Other excisable products(b) | 9,550 | 9,540 | -10 | -0.1 | |
| of which: Other excisable beverages(c) | 990 | 960 | -30 | -3.0 | |
| Total excise duty receipts | 26,980 | 26,560 | -420 | -1.6 | |
| Customs duty | |||||
| Textiles, clothing and footwear | 720 | 710 | -10 | -1.4 | |
| Passenger motor vehicles | 960 | 920 | -40 | -4.2 | |
| Excise-like goods(b) | 5,850 | 5,850 | 0 | 0.0 | |
| Other imports | 1,670 | 1,600 | -70 | -4.2 | |
| less: Refunds and drawbacks | 200 | 260 | 60 | 30.0 | |
| Total customs duty receipts | 9,000 | 8,820 | -180 | -2.0 | |
| Carbon pricing mechanism | 6,640 | 6,265 | -375 | -5.6 | |
| Other indirect taxation | |||||
| Agricultural levies | 436 | 443 | 7 | 1.6 | |
| Other taxes | 2,888 | 2,992 | 105 | 3.6 | |
| Total other indirect taxation receipts | 3,324 | 3,436 | 111 | 3.4 | |
| Indirect taxation receipts | 98,313 | 96,694 | -1,619 | -1.6 | |
| Taxation receipts | 371,393 | 354,854 | -16,539 | -4.5 | |
| Sales of goods and services | 8,758 | 8,639 | -120 | -1.4 | |
| Interest received | 4,486 | 4,074 | -412 | -9.2 | |
| Dividends | 2,004 | 2,526 | 522 | 26.1 | |
| Other non-taxation receipts | 5,954 | 5,901 | -53 | -0.9 | |
| Non-taxation receipts | 21,201 | 21,140 | -62 | -0.3 | |
| Total receipts | 392,595 | 375,993 | -16,601 | -4.2 | |
| Memorandum: | |||||
| Capital gains tax(d) | 11,000 | 8,100 | -2,900 | -26.4 | |
| Medicare levy receipts | 10,390 | 10,300 | -90 | -0.9 | |
(a) Comprises gross receipts from the PRRT and MRRT.
(b) Tobacco estimates are not separately reported due to taxpayer confidentiality. See Budget Statement 9, note 3, footnote (b) for more information.
(c) Other excisable beverages are those not exceeding 10 per cent by volume of alcohol (excluding beer, brandy and wine).
(d) Capital gains tax is part of other individuals, companies and superannuation funds tax.
| Estimates | Change on MYEFO | ||||
|---|---|---|---|---|---|
| MYEFO $m |
Budget $m |
$m | % | ||
| Individuals' and other withholding taxes | |||||
| Gross income tax withholding | 152,590 | 151,660 | -930 | -0.6 | |
| Gross other individuals | 37,840 | 35,940 | -1,900 | -5.0 | |
| less: Refunds | 26,500 | 26,750 | 250 | 0.9 | |
| Total individuals' and other withholding taxation | 163,930 | 160,850 | -3,080 | -1.9 | |
| Fringe benefits tax | 4,040 | 3,890 | -150 | -3.7 | |
| Company tax | 72,982 | 68,132 | -4,850 | -6.6 | |
| Superannuation funds | 8,250 | 7,800 | -450 | -5.5 | |
| Resource rent taxes(a) | 5,580 | 1,740 | -3,840 | -68.8 | |
| Income taxation revenue | 254,782 | 242,412 | -12,370 | -4.9 | |
| Sales taxes | |||||
| Goods and services tax | 50,790 | 50,220 | -570 | -1.1 | |
| Wine equalisation tax | 720 | 730 | 10 | 1.4 | |
| Luxury car tax | 450 | 430 | -20 | -4.4 | |
| Total sales taxes | 51,960 | 51,380 | -580 | -1.1 | |
| Excise duty | |||||
| Petrol | 6,000 | 6,000 | 0 | 0.0 | |
| Diesel | 8,700 | 8,610 | -90 | -1.0 | |
| Beer | 2,070 | 1,950 | -120 | -5.8 | |
| Other excisable products(b) | 9,720 | 9,030 | -690 | -7.1 | |
| of which: Other excisable beverages(c) | 930 | 900 | -30 | -3.2 | |
| Total excise duty revenue | 26,490 | 25,590 | -900 | -3.4 | |
| Customs duty | |||||
| Textiles, clothing and footwear | 700 | 680 | -20 | -2.9 | |
| Passenger motor vehicles | 920 | 920 | 0 | 0.0 | |
| Excise-like goods(b) | 4,850 | 5,660 | 810 | 16.7 | |
| Other imports | 1,540 | 1,540 | 0 | 0.0 | |
| less: Refunds and drawbacks | 180 | 330 | 150 | 83.3 | |
| Total customs duty revenue | 7,830 | 8,470 | 640 | 8.2 | |
| Carbon pricing mechanism | 7,690 | 7,540 | -150 | -2.0 | |
| Other indirect taxation | |||||
| Agricultural levies | 440 | 463 | 24 | 5.4 | |
| Other taxes | 2,900 | 2,871 | -28 | -1.0 | |
| Total other indirect taxation revenue | 3,339 | 3,335 | -5 | -0.1 | |
| Indirect taxation revenue | 97,309 | 96,315 | -995 | -1.0 | |
| Taxation revenue | 352,092 | 338,727 | -13,365 | -3.8 | |
| Sales of goods and services | 8,594 | 8,757 | 163 | 1.9 | |
| Interest received | 4,465 | 3,764 | -700 | -15.7 | |
| Dividends | 2,479 | 2,429 | -50 | -2.0 | |
| Other non-taxation revenue | 6,109 | 6,284 | 175 | 2.9 | |
| Non-taxation revenue | 21,647 | 21,234 | -413 | -1.9 | |
| Total revenue | 373,739 | 359,961 | -13,778 | -3.7 | |
| Memorandum: | |||||
| Capital gains tax(d) | 8,400 | 6,600 | -1,800 | -21.4 | |
| Medicare levy revenue | 9,700 | 9,720 | 20 | 0.2 | |
(a) Comprises gross revenue from the PRRT and MRRT.
(b) Tobacco estimates are not separately reported due to taxpayer confidentiality. See Budget Statement 9, note 3, footnote (b) for more information.
(c) Other excisable beverages are those not exceeding 10 per cent by volume of alcohol (excluding beer, brandy and wine).
(d) Capital gains tax is part of other individuals, companies and superannuation funds tax.
| Estimates | Change on MYEFO | ||||
|---|---|---|---|---|---|
| MYEFO $m |
Budget $m |
$m | % | ||
| Individuals' and other withholding taxes | |||||
| Gross income tax withholding | 165,250 | 164,660 | -590 | -0.4 | |
| Gross other individuals | 40,080 | 37,490 | -2,590 | -6.5 | |
| less: Refunds | 26,700 | 26,800 | 100 | 0.4 | |
| Total individuals' and other withholding taxation | 178,630 | 175,350 | -3,280 | -1.8 | |
| Fringe benefits tax | 4,530 | 4,320 | -210 | -4.6 | |
| Company tax | 80,459 | 73,969 | -6,490 | -8.1 | |
| Superannuation funds | 9,290 | 8,480 | -810 | -8.7 | |
| Resource rent taxes(a) | 6,560 | 3,420 | -3,140 | -47.9 | |
| Income taxation revenue | 279,469 | 265,539 | -13,930 | -5.0 | |
| Sales taxes | |||||
| Goods and services tax | 53,730 | 53,080 | -650 | -1.2 | |
| Wine equalisation tax | 730 | 780 | 50 | 6.8 | |
| Luxury car tax | 460 | 400 | -60 | -13.0 | |
| Total sales taxes | 54,920 | 54,260 | -660 | -1.2 | |
| Excise duty | |||||
| Petrol | 5,840 | 5,790 | -50 | -0.9 | |
| Diesel | 9,120 | 8,920 | -200 | -2.2 | |
| Beer | 2,140 | 1,980 | -160 | -7.5 | |
| Other excisable products(b) | 9,350 | 9,360 | 10 | 0.1 | |
| of which: Other excisable beverages(c) | 990 | 960 | -30 | -3.0 | |
| Total excise duty revenue | 26,450 | 26,050 | -400 | -1.5 | |
| Customs duty | |||||
| Textiles, clothing and footwear | 720 | 710 | -10 | -1.4 | |
| Passenger motor vehicles | 960 | 920 | -40 | -4.2 | |
| Excise-like goods(b) | 5,850 | 5,850 | 0 | 0.0 | |
| Other imports | 1,680 | 1,610 | -70 | -4.2 | |
| less: Refunds and drawbacks | 180 | 260 | 80 | 44.4 | |
| Total customs duty revenue | 9,030 | 8,830 | -200 | -2.2 | |
| Carbon pricing mechanism | 8,685 | 8,340 | -345 | -4.0 | |
| Other indirect taxation | |||||
| Agricultural levies | 436 | 443 | 7 | 1.6 | |
| Other taxes | 3,033 | 3,202 | 169 | 5.6 | |
| Total other indirect taxation revenue | 3,470 | 3,646 | 176 | 5.1 | |
| Indirect taxation revenue | 102,555 | 101,126 | -1,429 | -1.4 | |
| Taxation revenue | 382,023 | 366,664 | -15,359 | -4.0 | |
| Sales of goods and services | 8,791 | 8,577 | -213 | -2.4 | |
| Interest received | 4,628 | 4,313 | -316 | -6.8 | |
| Dividends | 1,950 | 2,426 | 476 | 24.4 | |
| Other non-taxation revenue | 5,769 | 5,768 | 0 | 0.0 | |
| Non-taxation revenue | 21,138 | 21,085 | -53 | -0.3 | |
| Total revenue | 403,161 | 387,749 | -15,412 | -3.8 | |
| Memorandum: | |||||
| Capital gains tax(d) | 11,000 | 8,100 | -2,900 | -26.4 | |
| Medicare levy revenue | 10,390 | 10,300 | -90 | -0.9 | |
(a) Comprises gross revenue from the PRRT and MRRT.
(b) Tobacco estimates are not separately reported due to taxpayer confidentiality. See Budget Statement 9, note 3, footnote (b) for more information.
(c) Other excisable beverages are those not exceeding 10 per cent by volume of alcohol (excluding beer, brandy and wine).
(d) Capital gains tax is part of other individuals, companies and superannuation funds tax.
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