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About
Us : IRD Collections
The Department's
revenue collection for 2009-10 was $179.1 billion, a decrease
of some $12.4 billion or 6.5% from the previous year. Of the
total revenue collected, Profits Tax and Stamp Duty together
contributed 66.5%. The revenue collected by tax type for the
latest three years is shown below: |
| Type of tax |
2007-08
($m) |
2008-09
($m) |
2009-10
($m) |
| Profits Tax - Corporations |
86,775.6 |
99,294.4 |
72,224.3 |
| Profits Tax - Unincorporated
Businesses |
4,647.1 |
4,857.1 |
4,381.1 |
| Total Profits Tax |
91,422.7 |
104,151.5 |
76,605.4 |
| Salaries Tax |
37,479.5 |
39,007.9 |
41,245.4 |
| Property Tax |
1,240.6 |
832.5 |
1,677.6 |
| Personal Assessment |
3,586.6 |
2,151.1 |
3,655.8 |
| Total Earnings and Profits
Tax |
133,729.4 |
146,143.0 |
123,184.2 |
| Estate Duty |
353.4 |
176.0 |
185.1 |
| Stamp Duty |
51,549.1 |
32,162.1 |
42,382.6 |
| Betting Duty |
13,048.4 |
12,620.3 |
12,767.1 |
| Business Registration Fees |
1,565.8 |
154.4 |
578.7 |
| Hotel Accommodation Tax |
450.4 |
222.9 |
- |
| Total revenue collected |
200,696.5 |
191,478.7 |
179,097.7 |
| % change over previous year |
+29.4% |
-4.6% |
-6.5% |
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