244
Appendix 7
(Chapter 4: Finance and Economy)
Government Revenue and Receipts by Source (note 1)
(See also Appendix 7a)
Item
Actual 1977-78
Actual 1978-79
Recur-
Recur-
Recur-
rent Capital Total
rent Capital
Total
$ Million
Estimate 1979-80
rent Capital Total
Direct taxes
Earnings and profits tax
3,357.2
Estate duty
3,357.2 109.7 109.7
4,114.6
Sub-total
3,357.2
109.7 3,466.9
4,114.6
4,114,6 128.5 128.5
128.5 4,243.1
4,990.5
4,990.5
134.8 134.8
4,990.5 134.8 5,125.3
Indirect taxes
General rates
722.9
722.9
806.9
806.9
882.0
882.0
Excise duties
733.6
733.6
830.4
830.4
791.5
791.5
Royalties and concessions
134.4 112.4
246.8
161.9
249.9
411.8
159.9 292.5 452.4
Stamp duties
490.0
490.0
761.8
761.8
800.0
800.0
Other taxes (note 2)
530.2
530.2
821.8
821.8
1,031.0
1,031.0
Sub-total
2,611.1
112.4 2,723.5
3,382.8 249.9 3,632.7
3,664.4
292.5 3,956.9
Other revenue
Fines, forfeitures and penalties
Licences
Provision of goods and services
86.3
86.3
109.1
109.1
269.9
269.9
Income from properties and investments
Sub-total
1,154.7
1,154.7 442.1 1,831.3 2,273.4
1,953.0 1,831.3 3,784.3
323.3 1,308.8
694.9 2,018.6 2,713.5
2,436.1 2,018.6 4,454.7
323.3
1,308.8
98.1
379.3 1,365.5
98.1
379.3
1,365.5
754.3 1,982.7 2,737.0
2,597.2 1,982.7 4,579,9
Reimbursements, contributions
and loan repayments
Reimbursements
Contributions
Loan repayments
Sub-total
Grants and loans
Grants
Loans
Sub-total
Total
186.9
42.5
186.9 42.5
165.7
165.7
173.6
173.6
47.1
47.1
50.7
50.7
1.6
1.6
13.7
13.7
1.5
1.5
229.4
1.6
231.0
212.8
13.7 226.5
224.3
1.5
225.8
26.9
26.9
26.9
26.9
8,150.7 2,081.9 10,232.6
10,146.3 2,410.7 12,557.0 11,476.4 2,411.5 13,887.9
Note: 1. Government revenue excludes the income of the Housing Authority, the Urban Council and various funds established by
Resolution of the Legislative Council.
2. Other taxes comprise taxes on bets and sweeps, entertainment, hotel accommodation and motor vehicles.