Page 164 - Week 01 - Wednesday, 11 February 2015
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government is delivering large-scale renewable energy at an affordable price to consumers, with $240 million of broader economic benefit into our economy. We are proud of our achievements. Those opposite stand condemned for their lack of vision, foresight and willingness to understand where energy generation is heading into the future.
Visitor
MADAM SPEAKER: I acknowledge the presence in the gallery of former Deputy Chief Minister Mr David Lamont. Welcome back to the Assembly.
Questions without notice
Budget—taxation
MR SMYTH: My question is to the Treasurer. Treasurer, in the December 2014 half-yearly performance report to the Assembly it was reported that the compliance revenue year to date result was 147 per cent for the year to date target for 31 December 2014. It was noted that this was due to higher than expected payroll tax and land tax revenue collected. Minister, what is the value of the year to date result for compliance revenue per inspector due to payroll tax and land tax compliance?
MR BARR: The first thing I can say clearly is that the additional revenue inspectors that were part of a previous ACT government budget are obviously working very hard to ensure that taxpayers in the territory meet their obligations. When people meet their obligations to pay their fair share of tax, it allows the government to have the lowest possible tax rates for all other honest taxpayers.
Of course, the vast majority of taxpayers do the right thing. There are some who, with a little bit of assistance, do the right thing and there are a very small number who persistently and wilfully seek to evade their taxation responsibilities. It is pleasing to see that those extra compliance efforts on behalf of hardworking Canberrans and honest taxpayers are paying some dividends.
MADAM SPEAKER: Supplementary question, Mr Smyth.
MR SMYTH: Treasurer, how many compliance inspectors are there and what is the total amount collected from payroll tax and land tax as a result of their actions as at 31Â December 2014?
MR BARR: We put an additional five inspectors into the team, which takes the number to over 20. The information that the member seeks will be available in the consolidated financial statements that I will table tomorrow.
MADAM SPEAKER: A supplementary question, Mr Wall.
MR WALL: Treasurer, how much of this is a result of legislation changes you made as part of the 2014-15 budget?
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