| 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