The data only include taxes and duties collected by Inland Revenue.
- Measurement is unconsolidated and is on an accruals basis. Changes to accounting policies have affected the figures as follows:
- Provisional tax estimation is included in company tax and other personal tax revenue in the June 2006 and subsequent years. Prior to June 2006, provisional tax was not estimated at the time the income was earned, but was instead recognised at the due date. The accounting change had the effect of a bring-forward of some tax revenue into 2006.
- Bad debt write-offs have been reported separately as an expense and are no longer netted against tax revenue from the June 2008 year onwards.
- Source deductions include pay as you earn (PAYE) income tax paid through employers, and also includes ESCT (employer superannuation contribution tax).
- Other persons net includes:
- income tax paid directly to Inland Revenue by individuals, Māori authorities and trusts, net of refunds.
- Both provisional tax and terminal tax. Refunds include donations, redundancy, and housekeeper rebates.
- Company tax net includes:
- income tax paid directly to Inland Revenue by companies, unit trusts, superannuation funds, PIEs, and clubs and societies, net of refunds.
- both provisional tax and terminal tax.
- Inland Revenue GST includes GST collected and/or refunded by Inland Revenue. It does not include GST collected on imports by the New Zealand Customs Service (this information is available on the Treasury website).
- Stamp and cheque duties also include approved issuer levy (AIL).
A customer with:
From the 2005 year complete adjudication cases are classified into categories of:
A person is an eligible custodian of a child if that person:
|Customers in debt|
Individuals or entities with overdue debt amounts.
Includes: companies, diplomatic missions, government departments, individuals, Māori authorities, partnerships, societies/clubs, superannuation funds, trusts, unit trusts.
We distinguish between three groups of filing channels:
GST turnover is calculated from GST returns as the sum of gross sales in the year ended 31 March.
Customers not registered for GST or PAYE and not belonging to large enterprises (LE) and non-profit organisations (NPO).
|Large enterprise (LE)|
|Liable (non-custodial) parent|
A parent who does not take care of the child on an ongoing basis, excluding those who are not paying Child Support but have debt in Child Support.
|Non-profit organisation (NPO)|
All entities exempted from income tax and not belonging to large enterprises with the following exemption types:
all entities except building societies and friendly societies with "other" exemption type.
|Overdue child support debt|
The amount of an employer’s or a liable parent’s liability which is in arrears (due, but not paid), together with overdue custodial parent overpayments.
|Overdue debt case age|
The period of time after the debt case is opened.
|Overdue debt cases|
A debt case is created when a due date for payment has passed without full payment being made. Other overdue debt elements may be added as they become overdue. The case will close when all overdue debt has been fully resolved.
|Overdue debt element|
A specific tax type and time period for which a debt is due. A customer can have one or more debt elements.
|Overdue student loan debt|
The amount of repayment obligation for a tax year that has remained unpaid by a borrower after the due date.
|Overdue tax debt|
The amount of tax that remains unpaid after the due date for payment. This includes any penalty and interest applied to the debt.
|Overdue Working for Families Tax Credits debt|
When recipients were paid more than their entitlement and consists of the remaining amount they fail to repay by the due date and any penalty and interest applied to the debt.
|Paying (non-custodial) parent|
A parent who does not take care of the child on an ongoing basis, excluding those who are not paying child support but have debt in child support.
|Percentage of payments made on time|
A ratio of number of late payments to a total number of payments per tax year. A payment is considered to be paid on time if it is paid in full within seven days after the due date.
|Percentage of returns filed on time|
A ratio of number of late filings to a total number of filings per tax year. A return is considered to be on time if it is filed within seven days after the due date.
Notes: A seven day tolerance is applied.
Registered customers include all customers registered with Inland Revenue, either individuals or entities.
Includes only taxes and duties collected by Inland Revenue. Figures are unconsolidated.
Note: The Treasury publishes monthly financial statements prepared on a consolidated basis, meaning they eliminate tax transactions between departments, state-owned enterprises and Crown entities.
|Revenue collected from non-custodial parents|
Includes all revenue collected within each tax year by Inland Revenue including payments related to other time periods.
A penalty imposed as a percentage of a tax shortfall (a deficit or understatement of tax), resulting from certain actions on the part of a taxpayer. Shortfall penalties apply to most taxes and duties except student loan repayments and child support repayments by liable parents.
|Small and medium enterprise (SME)|
Source deductions include:
A tax agent prepares the annual returns of income for 10 or more customers in one of the following ways:
A tax agent must be a registered Inland Revenue customer.
Taxable income for individuals is income on which their personal income tax is assessed for the March year.
|Weighted overdue debt case age|
The average age of the case elements weighted by their dollar value.
|Working for Families Tax Credits|
The Working for Families Tax Credits (WfFTC) consists of the following credit types:
Note: WfFTC was collectively known as "family assistance".
Date published: 05 Mar 2014