β¨ Financial Accounts and Taxation
3 DECEMBER
THE NEW ZEALAND GAZETTE
5171
NOTES TO THE ACCOUNTS
- Income Tax
Details of income tax are as follows:
| 1986 | 1985 | ||
|---|---|---|---|
| $(000) | $(000) | $(000) | |
| Company | 216,601 | 354,151 | |
| Fringe benefit tax | 77,040 | 33,461 | |
| Individuals | 4,596,823 | 3,598,775 | |
| Miscellaneous | 61,077 | 29,265 | |
| $4,951,541 | $4,015,652 |
Income tax is net of refunds.
Refunds to exporters in terms of the Income Tax Act 1976 were $116,695,674 for the six months ended 30 September 1986 and $93,279,182 for the corresponding period in 1985.
- Other Direct Taxation
Details of other direct taxation are as follows:
| 1986 | 1985 | |
|---|---|---|
| Estate and gift duty | 15,783 | 13,715 |
| Land tax | 1,779 | 635 |
| Property speculation tax | 140 | 2 |
| $17,702 | $14,352 |
- Other Indirect Taxation
Details of other indirect taxation are as follows:
| 1986 | 1985 | ||
|---|---|---|---|
| Domestic air travel tax | 9,596 | 8,475 | |
| Duties payable by racing clubs | 34,680 | 30,854 | |
| Energy resources levy | 43,256 | 37,091 | |
| Film hire tax | 1 | 413 | |
| less refunds | (3,174) | ||
| International departure tax | 9,806 | 9,111 | |
| Motor spirits tax | 105,260 | 98,618 | |
| less refunds | 960 | (1,193) | |
| 104,300 | |||
| Motor vehicles, fees and charges | 58,882 | 75,622 | |
| Payroll tax | 98 | ||
| Stamp duties | 92,530 | 69,602 | |
| $353,149 | $325,419 |
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VUW Te Waharoa —
NZ Gazette 1986, No 193
NZLII —
NZ Gazette 1986, No 193
β¨ LLM interpretation of page content
π°
Transactions in Connection with the Public Debt for the Six Months Ended 30 September 1986
(continued from previous page)
π° Finance & RevenuePublic Debt, Loans Raised, Loans Repaid, Financial Transactions, New Zealand
π° Notes to the Accounts
π° Finance & RevenueIncome Tax, Fringe Benefit Tax, Estate Duty, Land Tax, Indirect Taxation