| Actual 2022 ($000) | Vote: Revenue | Actual1 2023 ($000) | Unaudited revised budget5 2023 ($000) | Unaudited budget 2023 ($000) | Unaudited forecast 2024 ($000) |
|---|---|---|---|---|---|
| Output expenses | |||||
| $13,114 | Policy Advice | - | - | - |
- |
| Services for Customers–MCA | |||||
| $256,119 | Services to Ministers and to Inform the Public About Entitlements and Meeting Obligations | $312,978 | $328,812 | $312978 | $310,076 |
| $114,147 | Services to Process Obligations and Entitlements | $140,286 | $150,247 | $171,149 | $165,718 |
| $89,863 | Management of Debt and Unfiled Returns | $85,511 | $91,761 | $95,859 | $98,241 |
| $113,235 | Investigations | $107,634 | $112,580 | $125,891 | $133783 |
| - | Policy Advice | $14,084 | $16,631 | $15,980 | $13,400 |
| $586,478 | Total departmental output expenses | $660,493 | $700,031 | $721,857 | $721,218 |
| $1,600 | Services to Other Agencies RDA2 | $1,520 | $1,824 | $1,524 | $1,824 |
| $588,078 | Total output expenses | $662,013 | $701,855 | $723,381 | $723,042 |
| Other expenses | |||||
| $96,944 | Transformation3 | - | - | - | - |
| - | Residual activities following the transformation programme's substantive closure3 | $29,188 | $32,600 | $24,000 | $14,600 |
| $96,944 | Total other expenses | $29,188 | $32,600 | $24,000 | $14,600 |
| $685,022 | Total expenses | $691,201 | $734,455 | $747,381 | $737,642 |
| Capital expenditure PLA4 | |||||
| $7,496 | Property, plant and equipment | $25,860 | $27,200 | $21,900 | $24,800 |
| $28,083 | Intangible assets | $14,346 | $25,500 | $30,800 | $18,100 |
| $35,579 | Total capital expenditure PLA | $40,206 | $52,700 | $52,700 | $42,9006 |
1 Excludes remeasurement of $13.254 million (2021–22: $2.743 million). The remeasurement consists of foreign exchange losses mainly on forward foreign exchange contracts, and macroeconomic changes in the actuarial valuations of retiring and long-service leave.
2 Revenue-dependent appropriation (RDA). The amount of an RDA is limited to the amount of revenue earned.
3 A portion of the 2021–22 Transformation appropriation funding was returned to the Crown and $35 million transferred to financial years 2022–23 and 2023–24 to the new Residual Activities Following the Transformation Programme’s Substantive Closure appropriation.
4 PLA refers to appropriations established under a permanent legislative authority.
5 The revised budget figures for 2022–23 are those included in The Supplementary Estimates of Appropriations and Supporting Information for the year ending 30 June 2023.
6 Since The Estimates of Appropriations for the Government of New Zealand for the Year Ending 30 June 2024 were published, this forecast was increased as part of the Pre-election Economic and Fiscal Update 2023 by $22.100 million to reflect updated capital investment plans.
The budget and forecast figures have been prepared in accordance with NZ GAAP, using accounting policies that are consistent with those adopted in preparing the departmental financial statements.
Explanations of significant variances against budget are detailed in the relevant notes of the departmental financial statements.
All of the 2022–23 performance information for each appropriation administered by Te Tari Taake Inland Revenue has been reported in the section on Our Performance.