Budget 2019 - Summary of all tax collections
4th Jun 19, 2:07pm
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This table outlines the New Zealand Government's planned tax collections for the 2019/20 budget year.
Actual tax collected for the previous four years is on the left for the sake of comparison.
The numbers are drawn together from data released by the Minister of Finance on May 30, 2019.
Links to the primary sources used, from Treasury's website, can be found at the bottom of the page.
Figures for each allocation are in millions of NZ$
Actual 2014/2015 | Actual 2015/2016 | Actual 2016/2017 | Actual 2017/2018 | Actual 2018/2019 | Estimate 2019/2020 | % | |
NZ$m | NZ$m | NZ$m | NZ$m | NZ$m | NZ$m | ||
181.0 | 214.1 | 222.9 | 227.4 | 236.0 | Motor Vehicle Registration | 228.3 | 0.2 |
- | 143.0 | 277.8 | 335.9 | 127.2 | Repayments of Loans by Housing New Zealand Corporation and Housing New Zealand Limited | 251.5 | 0.2 |
221.3 | 224.3 | 230.4 | 248.3 | 257.3 | Benefit Recoveries - Current Debt | 278.4 | 0.3 |
264.4 | 275.5 | 297.7 | 317.0 | 302.0 | Gaming Duties | 307.0 | 0.3 |
276.4 | 275.8 | 297.6 | 307.3 | 328.6 | ACC - Reimbursement of Non-Earners Account | 342.7 | 0.3 |
237.9 | 284.8 | 252.7 | 289.0 | 314.6 | Overseas Pension Recoveries | 344.5 | 0.3 |
194.4 | 203.9 | 183.5 | 326.0 | 348.4 | Payment of Capital Charge by DHBs | 374.9 | 0.3 |
604.2 | 603.3 | 602.5 | 603.7 | 432.0 | Interest on Impaired Student Loans | 449.0 | 0.4 |
462.1 | 473.7 | 464.2 | 469.1 | 483.0 | Child Support Collections | 497.0 | 0.5 |
514.1 | 502.4 | 524.8 | 558.5 | 558.0 | Fringe Benefit Tax | 585.0 | 0.5 |
386.9 | 212.4 | 280.7 | 232.9 | 422.4 | Defence Equipment | 744.4 | 0.7 |
733.2 | 800.8 | 1,023.5 | 793.3 | 780.6 | Dividends from SOEs | 804.2 | 0.7 |
134.7 | 272.1 | 444.4 | 669.4 | 965.4 | Emissions Trading | 1,054.5 | 1.0 |
1,113.8 | 1,208.9 | 1,272.8 | 1,348.1 | 1,447.0 | Student Loans - Receipts | 1,465.0 | 1.3 |
1,283.0 | 1,381.1 | 1,469.5 | 1,551.1 | 1,655.4 | Road User Charges | 1,798.7 | 1.6 |
1,933.6 | 1,997.2 | 1,817.1 | 1,886.6 | 1,953.4 | Capital Charge - Departments | 2,023.5 | 1.8 |
2,028.9 | 2,277.1 | 2,228.7 | 2,220.8 | 2,442.0 | Excise Duty | 2,573.0 | 2.3 |
2,391.1 | 2,441.6 | 2,549.5 | 2,737.9 | 2,792.0 | Customs Duty | 2,819.0 | 2.6 |
2,839.0 | 3,019.1 | 2,803.5 | 2,913.4 | 3,011.0 | Withholding Taxes | 3,119.0 | 2.8 |
4,253.2 | 4,047.4 | 4,743.9 | 4,716.8 | 4,168.0 | 'Other Persons' (trusts, etc) | 5,212.0 | 4.7 |
8,065.6 | 8,461.1 | 8,491.5 | 9,420.5 | 10,161.0 | Goods and Services Tax (Customs) | 10,609.0 | 9.7 |
10,384.2 | 11,531.9 | 13,743.4 | 13,622.2 | 15,432.0 | Company tax | 15,320.0 | 13.9 |
15,612.0 | 16,440.4 | 17,899.2 | 18,688.4 | 19,452.0 | Goods and Services Tax (IRD) | 20,922.0 | 19.0 |
25,777.8 | 27,498.6 | 29,123.9 | 31,217.7 | 33,174.0 | PAYE/Source Deductions | 35,196.0 | 32.0 |
83,199.9 | 88,230.7 | 93,623.8 | 98,044.5 | 103,857.1 | Grand Total | 109,860.1 | 100.0 |
244,795 | 257,151 | 273,377 | 288,838 | 305,173 | GDP (nominal, per RBNZ) | 322,433 | |
34.0% | 34.3% | 34.2% | 33.9% | 34.0% | Govt taxation - % of GDP | 34.1% | |
and this compares with spending as follows: | |||||||
83,200.2 | 86,218.5 | 89,455.5 | 92,134.7 | 102,164.2 | 110,785.6 |
Sources: You can download the data behind these tables from the Treasury website here.
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