220
Item
Appendix 7
(Chapter 3: Financial Structure)
Government Revenue by Source
Direct taxes
Earnings and profits tax
Estate duty
Sub-total
Indirect taxes
General rate
Excise duties...
Royalties and concessions
Stamp duties
Other taxes (note 2)
Sub-total
Other revenue
:
Fines, forfeitures and penalties Licences
:
:
Actual
1973-4
Actual 1974-5
$ Million
Estimate 1975-6
Recur- rent
Capital Total
Recur- rent
Capital Total
Recur-
Capital Total
rent
1,679.8
1,679.8 50.1 50.1
2,143.8
1,679.8 50.1 1,729.9
2,143.8
2,143.8 42.4 42.4
42.4 2,186.2
2,247,0
2,247.0
40.0 40.0
2,247.0
40.0 2,287.0
368.9
368.9
407.9
407.9
536.9
536.9
441.7
441.7
473,2
473.2 555.1
555.1
79.5 84.8
164.3
82.1
82,1
105.1
105.1
462.6
462.6
303.0
303.0
298.0
298.0
118.4
118.4
137.8
137.8
181.9
181.9
1,471.1
84.8 1,555.9
1,404.0
1,404.0
1,677.0
1,677.0
54.4
54.4
45.6
45.6
51.7
51,7
116.3
116.3
168.6
168.6
223.8
223.8
Provision of goods and services
693.4
693.4
713.9
713.9
949.2
949.2
Income from properties and investments... 440.2 318.6 758.8
Sub-total
524.1 287.4 811.5
479.0
356.6 835.6
1,304.3 318.6 1,622.9
1,452.2
287.4 1,739.6
1,703.7
356.6 2,060.3
Reimbursements, contributions and loan
repayments
Reimbursements (note 3)
Contributions (note 3)
Loan repayments
Sub-total
295.4
295.4
407.9
23.8
10.3
34.1
30,0
2.6
2.6
319.2
Total
:
:
4,774.4
12.9 332.1
466.4 5,240.8
437.9
5,437.9
93.9 501.8 11.7 41,7
2.0
2.0
107.6 545.5
437.4 5,875.3
96.4. 30.5
30.0 126.4
—
30.5
2.8
2.8
126.9
32.8 159.7
5,754.6 429.4 6,184.0
Development loan fund receipts
Land sale premia, Kwun Tong reclamation
1.0
1.0
Loan repayments
18.7
18.7
1.9
17.0 17.0
1.9
5.1
5.1
17.1
17.1
Interest on investments and loans... Transfer from Revenue Reward Fund
36.2
36.2
38.5
Transfer from General Account
38.5 10.0 10.0 20.0
46.4
46.4
0.1
0.1
20.0
25.2
25.2
Sub-total
36.2
19.7
55.9
38.5
48.9 87.4
46.4
47.5
93.9
Lotteries fund receipts
Net proceeds from Government lotteries.....
4.8
4.8
6.7
6.7
5.7
5.7
Loan repayments
0.3
0.3
0.4
0.4
0.8
0.8
Interest
1.6
1.6
2.4
2.4
1.6
1.6
Other
2.4
2.4
0.9
0.9
0.6
0.6
Sub-total
Grand total
8.8 0.3
9.1
10.0
0.4 10.4
7.9
0.8 8.7
4,819.4
486.4 5,305.8
5,486.4
486.7 5,973.1
5,808.9
477.7 6,286.6
Note:
From April 1, 1973, Government revenue excludes a portion transferred to the Hong Kong Housing Authority and the Urban Council.
2. Other taxes comprises taxes on bets and sweeps taxes, entertainment, hotel accommodation and motor
vehicles.
A.
3. Following the introduction of a 'below-the-line' account, no contributions will be paid into General
Revenue during 1975-6.
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