5506.0 - Taxation Revenue, Australia, 2016-17 Quality Declaration
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 26/04/2018
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TAXATION REVENUE KEY FIGURES A feature of the Australian federal system is that the Commonwealth Government levies and collects all income tax, from individuals as well as from enterprises. It also collects a portion of other taxes, including taxes on the provision of goods and services. The revenue base of state governments consists of taxes on property, on employers' payroll, and on the provision and use of goods and services. The sole source of taxation revenue for local governments is taxes on property. Total taxation revenue collected in Australia increased $23,283m (5.0%) from $465,216m in 2015-16 to $488,499m in 2016-17. This was driven by a $16,030m (6.0%) increase in taxes on income and a $2,971m (2.7%) increase in taxes on provision of goods and services. In 2016-17, taxes on income represented 57.6% of total taxation revenue for all levels of government and taxes on provision of goods and services, including the goods and services tax (GST), represented 23.2%.
COMMONWEALTH GOVERNMENT TAXATION REVENUE Commonwealth Government taxation revenue (including taxes received from other levels of government and public corporations) increased $19,405m (5.2%) from $370,392m in 2015-16 to $389,797m in 2016-17. In 2016-17, Commonwealth taxation revenue represented 79.8% of taxation revenue for all levels of government. The following graph shows the level of taxation revenue for the three main sources of taxation revenue for the Commonwealth Government. Source(s): Taxation Revenue, Australia STATE GOVERNMENT TAXATION REVENUE State government taxation revenue (including taxes received from other levels of government and public corporations) increased $3,158m (4.0%) from $79,097m in 2015-16 to $82,255m in 2016-17. This was driven by a $2,145m (6.5%) increase in property taxes, a $510m (2.2%) increase in employers' payroll taxes and a $351m (3.0%) increase in taxes on use of goods and performance of activities. Taxes on property was the largest source of taxation revenue (42.7%) for state governments in 2016-17, followed by employers' payroll taxes (28.2%). The following graph shows the level of taxation revenue for state governments by source. Source(s): Taxation Revenue, Australia LOCAL GOVERNMENT TAXATION REVENUE Local government taxation revenue increased $798m (4.8%) from $16,620m in 2015-16 to $17,418m in 2016-17. TAXATION REVENUE AUSTRALIA This publication contains statistics of taxation revenue collected by all levels of government in Australia for the periods 2007-08 to 2016-17. The taxation revenue statistics presented are for the general government sector and include taxes received from public corporations (i.e. government owned/controlled corporations). Time series of these data are available on the ABS website. This publication contains a section on adjusted measures of government revenue, which provides analytical measures designed to facilitate an understanding of the level of government at which revenue is used rather than collected. TRANSACTIONS RELATED TO VISA APPLICATION CHARGES In December 2015, the Commonwealth Government released the 2015-16 Mid-Year Economic and Fiscal Outlook (MYEFO) which included a reclassification of visa application charges (VAC). These charges are treated as taxation revenue, rather than sales of goods and services, for all periods from 1 July 2015 onwards to reflect a change in the nature of this revenue item. The National Accounts statistics will continue to classify this transaction as sales of goods and services until the 2017-18 annual is released. INQUIRIES For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070, email <client.services@abs.gov.au> or email <public.finance@abs.gov.au>. The ABS Privacy Policy outlines how the ABS will handle any personal information that you provide to us. Document Selection These documents will be presented in a new window.
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