State Budget 2015-16 - Insurance Taxes

Taxation revenue is revenue received from the State’s taxpayers and includes payroll tax, land tax, duties levied principally on conveyances and land transfers, gambling taxes, insurance duty, fire services property levy, motor vehicle taxes and other taxes including congestion levy, metropolitan improvement levy and so on.The State’s taxation revenue is forecast by a process that involves application of DTF’s economic forecasts, where there is a relationship between taxation revenue and economic variables; and use of forward indicators, unpublished revenue data and qualitative information from liaison with relevant stakeholders.This enables an assessment of economic and other factors influencing the tax bases from which taxes are sourced e.g. for payroll tax, an assessment of the outlook for employment.Where necessary, adjustment factors are used to account for other trends or events not captured by the model, such as impact of economic shocks or policy stimulus.

税收收入是指国家从本国纳税人处收缴的全部收入，涵盖薪工税（payroll tax）、土地税（land tax）、主要针对财产转让与土地交易征收的税费、博彩税（gambling taxes）、保险税（insurance duty）、消防物业征费（fire services property levy）、机动车税（motor vehicle taxes），以及包括拥堵费（congestion levy）、城市建设征费（metropolitan improvement levy）等在内的其他各类税费。本州税收收入的预测流程包含两大核心环节：其一，运用财政部与金融部（Department of Treasury and Finance, DTF）的经济预测模型，该模型基于税收收入与经济变量之间的关联关系构建；其二，结合前瞻性指标、未公开收入数据，以及通过与相关利益方沟通联络获取的定性信息。该流程可用于评估影响税收税基的各类经济与非经济因素，例如针对薪工税，可对就业市场的发展前景进行研判。必要时，还将引入调整系数，以覆盖模型未纳入考量的其他趋势或事件，例如经济冲击或政策刺激所产生的影响。