TAXATION REVENUE ANALYSIS
2012–13 TAXATION REVENUE
All increases and decreases referred to below are from 2011–12 to 2012–13.
Commonwealth Government
Taxes on income
- Income taxes levied on individuals increased by $9,233m (6%) to $162,993m.
- Income taxes levied on enterprises increased by $1,835m (2%) to $77,691m.
- Income taxes paid by superannuation funds decreased by $264m (3%) to $7,574m.
Taxes on the provision of goods and services
- Goods and services tax (GST) revenue increased by $1,464m (3%) to $50,313m.
State Governments
Total taxation revenue
- All states recorded increases in taxation revenue. The largest increase in dollar terms was New South Wales; rising $1,316m (6%) to $22,045m. Western Australia's taxation revenue increased by $1,041m (15%) to $8,093m and Northern Territory recorded an increase in taxation revenue of $88m (22%) to $491m.
Taxes on employers' payroll
- Taxes on employers' payroll for all states increased by $1,011m (5%) to $20,788m. Western Australia recorded the largest increase in dollar terms, rising $324m (10%).
Taxes on property
- Taxes on property increased by $1,597m (8%) to $21,933m, mainly due to an increase in stamp duties on conveyances of $1,183m (10%). New South Wales recorded the largest increase in dollar terms for taxes on property, rising $795m (11%).
Taxes on the provision of goods and services
- Taxes on the provision of goods and services increased by $255m (2%) to $11,089m, mainly due to an increase in taxes on insurance of $132m (2%).
Taxes on the use of goods and performance of activities
- Taxes on the use of goods and performance of activities increased by $760m (9%) to $9,688m, mainly due to an increase in motor vehicle taxes of $648m (8%).