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Notes to the Financial Statements (continued)

NOTE 1 (continued): Receipts collected through the Crown's sovereign power
2010
Actual
$m 		2011
Previous
Budget
$m 		2011
Forecast
$m 		2012
Forecast
$m 		2013
Forecast
$m 		2014
Forecast
$m 		2015
Forecast
$m

Taxation receipts (cash)

Individuals

Source deductions 21,744 20,314 20,575 21,066 23,031 24,621 26,234
Other persons 4,630 4,875 4,320 4,765 5,057 5,090 5,200
Refunds (2,793) (2,255) (2,445) (2,394) (2,390) (2,254) (2,172)
Fringe benefit tax 469 433 456 424 450 473 500
Total individuals 24,050 23,367 22,906 23,861 26,148 27,930 29,762

Corporate tax

Gross companies tax 8,650 9,051 7,871 8,369 8,556 9,209 9,626
Refunds (1,644) (1,314) (970) (799) (811) (785) (821)
Non-resident withholding tax 889 627 494 508 573 643 688
Foreign-source dividend w/holding payments 6 8 1 1 1 1 1
Total corporate tax 7,901 8,372 7,396 8,079 8,319 9,068 9,494

Other direct income tax

Resident w/holding tax on interest income 1,833 1,463 1,714 1,664 1,985 2,526 3,083
Resident w/holding tax on dividend income 114 240 202 208 291 469 488
Estate and gift duties 2 1 2 -  -  -  - 
Total other direct income tax 1,949 1,704 1,918 1,872 2,276 2,995 3,571
Total direct income tax 33,900 33,443 32,220 33,812 36,743 39,993 42,827

Goods and services tax

Gross goods and services tax 18,797 23,052 22,056 25,135 27,472 30,679 32,234
Refunds (7,456) (9,124) (9,393) (10,394) (11,361) (13,418) (14,111)
Total goods and services tax 11,341 13,928 12,663 14,741 16,111 17,261 18,123

Other indirect taxation

 
Petroleum fuels excise - domestic production 805 907 862 886 903 940 975
Tobacco excise - domestic production 214 209 238 251 259 257 259
Customs duty 1,805 2,060 1,991 2,053 2,089 2,107 2,136
Road user charges 908 955 995 1,049 1,134 1,214 1,289
Alcohol excise - domestic production 622 657 625 665 700 732 765
Gaming duties 218 228 220 223 223 226 228
Motor vehicle fees 195 175 169 168 171 174 177
Energy resources levies 37 38 36 38 36 36 36
Approved issuer levy and cheque duty 59 81 75 73 73 73 73
Total other indirect taxation 4,863 5,310 5,211 5,406 5,588 5,759 5,938
Total indirect taxation 16,204 19,238 17,874 20,147 21,699 23,020 24,061
Total taxation receipts 50,104 52,681 50,094 53,959 58,442 63,013 66,888

Other sovereign receipts (cash)

ACC levies 3,291 3,761 3,688 3,804 3,928 3,921 3,860
Fire Service levies 301 309 313 309 315 322 328
EQC levies 86 87 90 88 90 91 92
Other miscellaneous items 590 635 677 677 673 703 727
Total other sovereign receipts 4,268 4,792 4,768 4,878 5,006 5,037 5,007
Total sovereign receipts 54,372 57,473 54,862 58,837 63,448 68,050 71,895
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