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Legislative Assembly for the ACT: 2002 Week 7 Hansard (6 June) . . Page.. 2093..


Gambling tax

(Question No 173)

Mr Humphries asked the Treasurer, upon notice, on 4 June 2002:

(1) What is the quantum of gambling tax collected in the ACT for the current financial year as at 31 March 2002?

(2) Is the quantum of gambling tax collected as at 31 March 2002 greater or less than the estimates prepared for the 2001 ACT Budget?

(3) What has been the trend in the payment of gambling tax during the period between 1 October 2001 and 31 March 2002?

(4) How has this pattern of payment of gambling tax varied from the same period in the previous financial year?

(5) What has been the basis for any changes in the pattern of payments of gambling tax between this and the previous financial year?

Mr Quinlan: The answer to the member's question is as follows:

Please note: answers are written in respect of Consolidated Financial Statements for the General Government Sector

(1) The total amount of gambling taxes collected in the ACT, as at March 2002, was $31.7m.

(2) The 2001 ACT Budget forecast gambling taxes totalling $47.1m to be collected during the 2001-02 financial year. As at 31 March 2002, collections of $31.7m represented 67% of the original budget estimate (75% of the estimated outcome).

(3) Total gambling taxes as at 1 October 2001 was $11m. The average collection, per month, during the period 1 October 2001 to 31 March 2002 was $3.5m.

(4)

Gambling Taxes

Oct

Nov

Dec

Jan

Feb

Mar

$'000

$'000

$'000

$'000

$'000

$'000

2000-01

Month

2,800

3,803

3,628

3,613

3,270

3,071

YTD

16,704

20,507

24,134

27,747

31,018

34,088

% of Audited Outcome

39%

47%

56%

64%

72%

79%

2001-02

Month

3,390

3,626

3,547

3,902

3,256

3,040

YTD

14,341

17,967

21,514

25,416

28,672

31,712

The table above indicates the pattern of revenue for the two periods.

(5) There have been no significant changes in the pattern of collection of gambling taxes between this and the previous financial year


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