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Budget 2024: The Government has announced FamilyBoost, a proposed new childcare payment to help eligible families with the rising costs of Early Childhood Education (ECE). Find out more: Beehive.govt.nz

Appropriation statement for the year ended 30 June 2023
Actual 2022 ($000) Vote: Revenue Actual 2023 ($000) Unaudited revised budget 2023 ($000) Unaudited forecast 2024 ($000)
$122,560 Capital injections $2,700 $2,700 -
$(119,200) Capital withdrawal $(11,900) $(11,900) $(5,500)
$3,360 Net capital injections and withdrawals $(9,200) $(9,200) $(5,500)

Te Tari Taake Inland Revenue has not received any capital injections during the year without, or in excess of, authority (2021–22: nil).

The capital injection of $122.560 million in 2021–22 was the final capital injection for the last stage of the transformation programme, including programme contingency funding. The capital withdrawal of $119.2 million reflects the return to the Crown of unused contingency funding at the closure of the programme.

Last updated: 18 Dec 2023
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