State Budget 2015-16 - Total Tax Revenue

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where there is a relationship between taxation revenue and economic variables; and use of forward indicators, unpublished revenue data and qualitative information from liaison with relevant stakeholders.This enables an assessment of economic and other factors influencing the tax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.

税收收入指州政府从纳税人处收取的收入，涵盖工资税、土地税、主要针对交易过户与土地转让征收的税费、博彩税、保险税、消防物业征费、机动车税，以及拥堵费、城市改善征费等其他各类税费。该州税收收入的预测流程，首先基于税收收入与经济变量间的关联关系，应用DTF的经济预测模型；同时还会运用前瞻性指标、未公开收入数据，以及通过与相关利益方沟通获取的定性信息。此举可对影响各类税收来源税基的经济及其他因素开展评估，例如针对工资税，可评估就业市场的发展前景。必要时，还会引入调整因子以覆盖模型未捕捉到的其他趋势或事件，比如经济冲击或政策刺激带来的影响。