Schedule of Non-Departmental Gains and Losses (2023)

Income tax Dates

MAR 31

Final date for ratio option provisional tax applications.
APR 7

End-of-year income tax and Working for Families bills are due if you have an extension of time to file your income tax return.
MAY 7

Provisional tax payments are due if you have a March balance date and use the standard, estimation or ratio options.

All Income tax dates

Non-departmental gains and losses as at 30 June 2023.

Actual 2022 $000

Gain or (loss)

Notes

Actual 2023 $000

Unaudited budget 2023 $000

Unaudited forecast 2024 $000

$(168,000)

Net gains or (losses) on Small Business Cashflow Scheme–fair value remeasurement

$241,000

$(1,113,000)

Net gains or (losses) on student loans–fair value remeasurement

$500,00

$37,000

$26,000

$(1,281,000)

Total net gains or (losses)

n/a

$741,000

$37,000

$26,000

The accompanying accounting policies and notes form part of these financial schedules.

For a full understanding of the Crown's financial position and the results of its operations for the year, refer to the consolidated Financial Statements of the Government of New Zealand for the Year Ended 30 June 2023.