| Vote: Revenue | Actual 2023 ($000) | Actual 20241 ($000) | Unaudited revised budget5 2024 ($000) | Unaudited budget 2024 ($000) | Unaudited forecast 2025 ($000) |
|---|---|---|---|---|---|
| Output expenses | |||||
| Services for Customers–MCA | |||||
| Services to Ministers and to Inform the Public About Entitlements and Meeting Obligations | $312,978 | $326,456 | $336,679 | $310,076 | $315,642 |
| Services to Process Obligations and Entitlements | $140,286 | $180,385 | $187,455 | $165,718 | $153,905 |
| Management of Debt and Unfiled Returns | $85,511 | $83,886 | $85,824 | $98,241 | $105,677 |
| Investigations | $107,634 | $102,665 | $108,702 | $133,783 | $165,390 |
| Policy Advice | $14,084 | $13,146 | $13,786 | $13,400 | $13,912 |
| Total departmental output expenses | $660,493 | $706,538 | $732,446 | $721,218 | $754,526 |
| Services to Other Agencies RDA2 | $1,520 | $1,293 | $1,824 | $1,824 | $1,764 |
| Total output expenses | $662,013 | $707,831 | $734,270 | $723,042 | $756,290 |
| Other expenses | |||||
| Residual Activities Following the Transormation Programme's Substantive Closure3 | $29,188 | $15,667 | $16,912 | $14,600 | - |
| Total other expenses | $29,188 | $15,667 | $16,912 | $14,600 | - |
| Total expenses | $691,201 | $723,498 | $751,182 | $737,642 | $756,290 |
| Capital expenditure PLA4 | |||||
| Property, plant and equipment | $25,860 | $19,159 | $36,769 | $24,800 | $22,900 |
| Intangible assets | $14,346 | $13,196 | $28,231 | $18,100 | $37,100 |
| Total capital expenditure PLA | $40,206 | $32,355 | $65,000 | $42,900 | $60,000 |
1 Excludes remeasurement of $1.509 million (2022–23: $13.254 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 Residual Activities Following the Transformation Programme’s Substantive Xlosure appropriation. This appropriation now ceased on 30 June 2024.
4PLA refers to appropriations established under a permanent legislative authority.
5The revised budget figures for 2023–24 are those included in The Supplementary Estimates of Appropriations and Supporting Information for the Year Ending 30 June 2024.
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 2023–24 performance information for each appropriation administered by IR has been reported in the section on Our performance.