Territory Stories

Budget 2012-2013 Budget Paper No.3 The Budget

Details:

Title

Budget 2012-2013 Budget Paper No.3 The Budget

Other title

Tabled paper 1785

Collection

Tabled papers for 11th Assembly 2008 - 2012; Tabled papers; ParliamentNT

Date

2012-05-01

Description

Tabled By Delia Lawrie

Notes

Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.

Language

English

Subject

Tabled papers

File type

application/pdf

Use

Copyright

Copyright owner

See publication

License

https://www.legislation.gov.au/Details/C2019C00042

Parent handle

https://hdl.handle.net/10070/277295

Citation address

https://hdl.handle.net/10070/424028

Page content

280 Revenue BudgetPaperNo. 2 and Budget Paper No. 3 is payroll tax. All agencies pay payroll tax to the CHA and this is reported as CHA income in Budget Paper No. 3 and by agencies as payments. However, in the consolidated statements in Budget Paper No. 2 the payments by agencies and receipts by the CHA offset each other and do not contribute to total revenue. The payroll tax revenue reported in Budget Paper No. 2 is the amount paid by the private sector and Territory Government businesses outside the general government sector. As a government owned corporation, the Power and Water Corporation is not included in the Territorys budget sector and charges raised by it are not included in the following tables. However, tax equivalents and dividends payable by the Power and Water Corporation to the CHA are recorded in the relevant tables as revenue for the CHA. The same applies for the Territory Insurance Office. Community service obligation payments to the government owned corporation and government business divisions are outlined in Part 2 of this Budget Paper.