Implementation
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for My proposals
134.
licence fees
dutiable
the subject of were
this Excellency
and commodities
transport
Revenue Protection Orders
morning.
My proposals
for
signed by Your increases in business registration fees, betting duty and air passenger departure tax will be the subject of resolutions to be moved in this Council on 28 March and, subject to approval, will take effect from 1 April. My other revenue proposals will be
to the Governor in put
Council for the necessary
authorizations. In due course a Bill will be introduced into this Council to give effect to my proposals for concessions personal taxes.
on
Outcome
135.
These proposals are designed to yield about $1.2 billion in net additional revenue for 1985-86 (68). The estimate of total revenue for the General Revenue Account thus
(68)
Budget proposals
Betting duty
Air passenger departure tax
Business registration fee
Utility and general fees and charges
Dutiable commodities
-
hydrocarbon oils
intoxicating liquor
- tobacco
- cosmetics
non-alcoholic drinks
Less cost of tax concessions
Net yield
Additional revenue
($m)
120
90
55
415
110
140
110
100
210
1,350
150
1,200
G.F. 316
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