Page 5219 - Week 12 - Thursday, 27 October 2011

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Answers to questions

Taxation—payroll tax
(Question No 1745)

Mr Smyth asked the Treasurer, upon notice, on 25 August 2011:

(1) How many businesses in the ACT are subject to payroll tax in each of the ranges of total ACT wages (a) $1.5 million – $2 million, (b) $2 million – $3 million, (c) $3 million - $4 million, (d) $4 million - $5 million, (e) $5 million - $10 million, (f) $10 million - $15 million, (g) $15 million - $20 million and (h) more than $20 million.

(2) What is the aggregate value of payroll tax collected from each of the groups (a) to (h) in part (1).

Mr Barr: The answer to the member’s question is as follows:

(1) & (2) Payroll Tax liability is calculated on the basis of Australia wide wages. For the 2009-10 financial year.

Total Australia Wide Wages

No. of Businesses

Amount of Payroll Tax Received

$m

(a)

$1,500,000 - $2,000,000

154

7.1

(b)

$2,000,000 - $3,000,000

238

14.1

(c)

$3,000,000 - $4,000,000

136

12.8

(d)

$4,000,000 - $5,000,000

100

11.1

(e)

$5,000,000 - $10,000,000

250

31.3

(f)

$10,000,000 - $15,000,000

119

20.1

(g)

$15,000,000 - $20,000,000

89

15.0

(h)

More than $20,000,000

389

129.8

No Australia Wide Wage Advised*

779

16.5

* Organisations who have paid payroll tax but have not advised Australia wide wages.

Note: The movement in payroll tax trade receivables and accruals of $12.0m must be added to the above to arrive at the total payroll tax revenue in the financial statements.

Finance—budget allocations
(Question No 1763)

Mr Seselja asked the Treasurer, upon notice, on 25 August 2011:

(1) What is the budget allocation for the Pensioner Duty Concession Scheme for the years 2011-12 to 2014-15.

(2) How many concessions does the budget provide for in each year.

(3) What growth in the number of concessions provided each year has been factored in.


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