New Zealand Gazette – 1986 – No. 30

Page 951

✨ Financial Accounts Notes



3 MARCH THE NEW ZEALAND GAZETTE 951

NOTES TO THE ACCOUNTS

  1. Income Tax
    Details of income tax are as follows:

                                                  1985        1984
                                            $(000)      $(000)

    Company 453,706 300,153
    Fringe benefit tax 68,103 ..
    Individuals 5,290,202 4,103,840
    Miscellaneous 53,922 34,552

                                             $5,865,933  $4,438,545

Income tax is net of refunds, and advance payments to the Accident Compensation Corporation in respect of self-employed levies.
Refunds to exporters in terms of the Income Tax Act 1976 were $153,526,216 for 1985–86 and $143,087,886 for 1984–85.
Advance payments to Accident Compensation Corporation were $16,003,963 for 1985–86 and $12,091,452 for 1984–85.

  1. Other Direct Taxation
    Details of other direct taxation are as follows:

Estate and gift duty 21,248 28,124
Land tax 54,699 40,561
Property speculation tax 4 ..

                                             $75,951     $68,685
  1. Other Indirect Taxation
    Details of other indirect taxation are as follows:

Domestic air travel tax 12,924 10,117
Duties payable by racing clubs. 47,320 44,018
Energy resources levy 48,485 41,955
Film hire tax 421 1,106
less refunds 3,173 ..

                                             (2,752)     12,845

International departure tax 12,762 3
Mileage tax 148,169 155,526
Motor spirits tax 1,577 (2,320)
less refunds

                                             146,592      93,039

Motor vehicles, fees and charges 102,535 84,413
Stamp duties. 102,171 ..

                                             $470,037    $440,702


Next Page →

PDF embedding disabled (Crown copyright)

View this page online at:


VUW Te Waharoa — PDF NZ Gazette 1986, No 30


NZLII — PDF NZ Gazette 1986, No 30




✨ LLM interpretation of page content

💰 Transactions in Connection with the Public Debt for the Nine Months Ended 31 December 1985 (continued from previous page)

💰 Finance & Revenue
Public Debt, Loans Raised, Loans Repaid, Financial Transactions, Currency Realignment, Government Revenue, Budget