Schedule of non-departmental revenue (2022)

Direct and indirect taxation amounts for the year ended 30 June 2022.

Actual 2021 ($000)

Taxation type

Notes
2, 3

Actual 2022 ($000)

Unaudited budget 2022 ($000)

Unaudited forecast 2023 ($000)

Direct taxation

Income tax - Individuals

$37,121,636

Source deductions (PAYE)

n/a

$41,345,926

$38,466,000

$43,871,000

$8,773,497

Other persons

n/a

$11,119,903

$7,076,000

$11,265,000

$(1,716,220)

Refunds

n/a

$(1,739,457)

$(2,015,000)

$(2,001,000)

$607,943

Fringe benefit tax

n/a

$684,424

$648,000

$657,000

$44,786,856

Total individuals

n/a

$51,410,796

$44,175,000

$53,792,000

Income tax - Corporate tax

$18,374,762

Gross companies tax

n/a

$20,492,542

$14,398,000

$22,640,000

$(343,723)

Refunds

n/a

$(630,245)

$(389,000)

$(410,000)

$472,192

Non-resident withholding tax

n/a

$515,557

$472,000

$571,000

$18,503,231

Total corporate tax

n/a

$20,377,854

$14,481,000

$22,801,000

Other direct income tax

$1,000,451

Resident withholding tax on interest income

n/a

$842,189

$1,016,000

$1,354,000

$1,519,475

Resident withholding tax on dividend income

n/a

$1,107,888

$713,000

$980,000

$1,554,424

Employer superannuation contribution tax

n/a

$1,799,830

$1,476,000

$1,757,000

$4,074,350

Total other direct income tax

n/a

$3,749,907

$3,205,000

$4,091,000

$67,364,437

Total direct taxation

n/a

$75,538,557

$61,861,000

$80,684,000

Indirect taxation

Goods and services tax

$40,268,344

Gross goods and services tax

n/a

$41,610,926

$39,743,000

$46,208,000

$(14,252,179)

Refunds

n/a

$(16,920,365)

$(15,070,000)

$(17,904,000)

$26,016,165

Total goods and services tax

n/a

$24,690,561

$24,673,000

$28,304,000

Other indirect taxation

$87,810

Approved issuer levy

n/a

$96,620

$114,000

$93,000

$321,929

Gaming duties

n/a

$272,545

$318,000

$321,000

$1,430

Other indirect taxation

n/a

$845

$2,000

$411,169

Total other indirect taxation

n/a

$370,010

$434,000

$416,000

$26,427,334

Total indirect taxation

n/a

$25,060,571

$25,107,000

$28,720,000

$93,791,771

Total taxation

n/a

$100,599,128

$86,968,000

$109,404,000

Other revenue

$335,013

Child support

n/a

$194,755

$164,000

$172,000

$119,369

Interest unwind-Small Business Cashflow Scheme

n/a

$122,575

$149,000

$137,000

$234,551

Interest unwind-student loans

n/a

$317,550

$194,000

$398,000

$47,658

Other revenue

n/a

$54,669

$39,300

$45,000

$736,591

Total other revenue

n/a

$689,549

$546,300

$752,000

$94,528,362

Total revenue excluding gains

n/a

$101,288,677

$87,514,300

$110,156,000

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 2022'.

Financial Statements of the Government of New Zealand for the Year Ended 30 June 2022 - treasury.govt.nz