State Budget 2016-17 - Land Transfer Duty

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.\r\nThe 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where there is a relationship between taxation revenue and economic variables; and use of forward indicators, unpublished revenue data and qualitative information from liaison with relevant stakeholders.\r\nThis enables an assessment of economic and other factors influencing the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.\r\nWhere 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（Taxation Revenue）指州政府从纳税人处征缴的财政收入，涵盖工资税（payroll tax）、土地税（land tax）、主要针对财产转让及土地交易征收的税项、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）、城市改善征费（metropolitan improvement levy）在内的其他各类税种。
该州税收收入的预测流程包含两项核心工作：一是运用DTF的经济预测模型——鉴于税收收入与各类经济变量存在显著关联；二是采用前瞻性指标、未公开的收入数据，以及与相关利益相关方沟通获取的定性信息开展预测。
该预测流程可用于评估影响税源税基的各类经济及其他因素，例如针对工资税，需对就业市场的发展前景进行评估。
必要时，将通过调整因子来覆盖模型未能捕捉到的其他趋势或事件，例如经济冲击或政策刺激所产生的影响。