282

Appendix 7

(Chapter 3: Financial System and Economy)

Government Revenue by Source (note 1) (See also Appendix 7a)

Item

Direct taxes

$ Million

Actual 1980-81

Recurrent

Capital

Total Recurrent

Actual 1981–82

Capital

Estimate 1982–83

Total

Recurrent Capital

Total

Earnings and profits tax

7,964.6

Estate duty

251.4

7,964.6

251.4

10,566.6

315.9

10,566.6

315.9

11,216.0

11,216.0

238.0

238.0

Sub-total

7,964.6

251.4

8,216.0 10,566.6

315.9

10,882.5

11,216.0

238.0 11,454.0

Indirect taxes

General rates

986.1

986.1

1,050.8

1,050.8

691.3

691.3

Excise duties

917.4

917.4

937.0

937.0

986.5

986.5

Royalties and concessions

128.3

287.9

416.2

200.2

208.3

408.5

230.0

177.8

407.8

Stamp duties

2,052.5

2,052.5

2,167.8

2,167.8

1,755.0

1,755.0

Other taxes (note 2)

1,332.7

1,332.7

1,591.6

1,591.6

1,842.3

1,842.3

Sub-total

5,417.0

287.9

5,704.9

-

5,947.4

208.3 6,155.7

5,505.1

177.8

5,682.9

Other revenue

Fines, forfeitures and penalties

213.0

213.0

291.1

291.1

301.3

301.3

Fees and charges

1,358.2

1,358.2

1,623.6

1,623.6

1,664.4

1,664.4

Utilities

1,391.4

1,391.4

1,656.1

1,656.1

1,777.9

1,777.9

Income from properties and investments

Reimbursements and contributions

2,286.3 10,784.1

321.1

15.3

13,070.4

336.4

3,564.9 9,676.5

363.9

98.6

13,241.4

462.5

4,424.0

419.5

12,452.0 16,876.0

129.4

548.9

Sub-total

Total

5,570.0 10,799.4 16,369.4

18,951.6 11,338.7 30,290.3

7,499.6 9,775.1 17,274.7

24,013.6 10,299.3 34,312.9

8,587.1 12,581.4 21,168.5

25,308.2 12,997.2

38,305.4

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.

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