Schedule of Non-Departmental Revenue (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

Direct and indirect taxation amounts for the year ended 30 June 2023.

Actual 2022 ($000)

Taxation type

Notes
2

Actual 2023 ($000)

Unaudited budget 2023 ($000)

Unaudited forecast 2024 ($000)

Direct taxation

Income tax - Individuals

$41,345,926

Source deductions (PAYE)

n/a

$46,097,993

$43,871,000

$48,981,000

$11,119,903

Other persons

n/a

$9,903,909

$11,265,000

$11,380,000

$(1,739,457)

Refunds

n/a

$(2,182,023)

$(2,001,000)

$(1,884,000)

$684,424

Fringe benefit tax

n/a

$768,768

$657,000

$739,000

$51,410,796

Total individuals

n/a

$54,588,647

$53,792,000

$59,216,000

Income tax - Corporate tax

$20,492,542

Gross companies tax

n/a

$18,958,948

$22,640,000

$23,028,000

$(630,245)

Refunds

n/a

$(970,486)

$(410,000)

$(633,000)

$515,557

Non-resident withholding tax

n/a

$621,378

$571,000

$636,000

$20,377,854

Total corporate tax

n/a

$18,609,840

$22,801,000

$23,031,000

Other direct income tax

$842,189

Resident withholding tax on interest income

n/a

$2,092,066

$1,354,000

$1,839,000

$1,107,888

Resident withholding tax on dividend income

n/a

$1,127,363

$980,000

$1,180,000

$1,799,830

Employer superannuation contribution tax

n/a

$1,691,192

$1,757,000

$2,024,000

$3,749,907

Total other direct income tax

n/a

$4,910,621

$4,091,000

$5,043,000

$75,538,557

Total direct taxation

n/a

$78,109,108

$80,684,000

$87,290,000

Indirect taxation

Goods and services tax

$41,610,926

Gross goods and services tax

n/a

$44,934,862

$46,208,000

$47,363,000

$(16,920,365)

Refunds

n/a

$(19,054,797)

$(17,904,000)

$(19,181,000)

$24,690,561

Total goods and services tax

n/a

$25,880,065

$28,304,000

$28,182,000

Other indirect taxation

$96,620

Approved issuer levy

n/a

$153,256

$93,000

$125,000

$272,545

Gaming duties

n/a

$342,096

$321,000

$341,000

$845

Other indirect taxation

n/a

$(31)

$2,000

$1,000

$370,010

Total other indirect taxation

n/a

$495,321

$416,000

$467,000

$25,060,571

Total indirect taxation

n/a

$26,375,386

$28,720,000

$28,649,000

$100,599,128

Total taxation

n/a

$104,484,494

$109,404,000

$115,939,000

Other revenue

$194,755

Child support

n/a

$139,829

$172,000

$13,000

$122,575

Interest unwind–Small Business Cashflow Scheme

$110,192

$137,000

$115,000

$279,550

Interest unwind–student loans

$577,032

$398,000

$595,000

$92,669

Other revenue

n/a

$230,872

$45,000

$106,000

$689,549

Total other revenue

n/a

$1,057,925

$752,000

$829,000

$101,288,677

Total revenue excluding gains

n/a

$105,542,419

$110,156,000

$116,768,000

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.