TNAG-1641-FCO40-2288-Budget-of-Hong-Kong-1987 — Page 73

t

Recurrent Revenue

GENERAL REVENUE ACCOUNT

Revenue Analysis

Appendix A(2)Contd.

Estimate

Actual

Revised Estimate

(After Revenue Proposals)

1982-83

1983-84

1984-85

1985-86

1986-87

1987-88

$mn

% Smn % Smn %

$mn % $mn

% Smn %

Direct Taxes

Earnings and Profits Tax

11,849 48 11,423 42 13,515 44

16,602

143

46

18,975 46 21,605 48

Indirect Taxes

Duties

General Rates

1,245 5 2,584 10

697 3 1,156

Internal Revenue

2,630 11

3,184 12

4,049 13

2,344 8 1,222 4 1,769 5,183

3,092 8

5

3,388 8 3,723 8

14

Motor Vehicle Taxes

384

1

316 1

350

1

634

2

920

Royalties and Concessions

257

1

270

1

359

377

438

1,190 3 1,290 3 6,438 16 6,680 15 2 1,080 2

447

1

Sub-total

5,213

21

7,510

28

8,324

27

11,055

30 12,374

30 13,220

29

Other Revenue

Fines, Forfeitures and Penalties

292

1

343

1

366

364

1

397

1

405

1

Revenue from Properties and

Investments

2,957

12

2,638

2,395

Reimbursements and Contributions

825

3

831

3

Utilities

1,918

Fees and Charges

8 2,093 8 1,828 7 2,413 9

1,632 4 1,695

1,021 3 1,073 3 1,463 2,321 8 2,633 7 2,927 2,640 9 3,101 9 3,348

1,937

1,389

3

7

3,092 7

3,676 8

Sub-total

7,820 31 8,318 30

8,743 29 8,803 24

9,830

24 10,499 23

Total Recurrent Revenue

24,882 100 27,251 100 30,582

100

00

36,460 100 41,179 100 45,324 100

Capital Revenue

Direct Taxes

Estate Duty

Indirect Taxes

Taxi Concessions

313

5

316 11

300 5

391

8

490 25

415 49

268

5

191

7

120

2

52

1

76

4

84

10

Other Revenue

Land Transactions

Donations and Grants

5,048

87 2,267 78

4,267

74

3,895

322

Repayments of Loans and Advances Proceeds from the Issue of Bonds

65 1

122

112

4

51

1

16

13

18

427

1,005 18

a |

82

739

16

38

1

333 39

17

9

608 32

|

Sub-total

5,235 90

2,392

82

5,341 93

4,338 91 1,363 71

354

41

Total Capital Revenue

5,816 100

2,899

100

5,761 | 100

4,781 100 1,929 100

853 100

Recurrent + Capital Revenue

30,698

30,150

36.343

41,241

43,108

46,177

Transfers from Funds

400

250

-

I

Total Revenue

31,098

30,400

―

36,343

41,241

―

43,108

46,177

T

Note: Details supporting these estimates can be found in the Estimates-Volume 2 (pages 7 to 24)

9