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Legislative Assembly for the ACT: 2018 Week 05 Hansard (Thursday, 10 May 2018) . . Page.. 1909 ..


Revenue ($’000)

Rates

171,388

183,094

192,822

202,993

213,596

Rates – Penalty Tax

-

-

-

-

-

Rates – Interest

1,131

1,083

962

1,313

1,347

Land Tax

72,436

85,491

97,348

108,107

113,410

Land Tax – Penalty Tax

114

183

234

409

467

Land Tax – Interest

541

750

810

1,242

1,342

2012-13

2013-14

2014-15

2015-16

2016-17

Number of rateable properties

Residential

140,657

144,685

148,585

151,663

154,452

Commercial

5,731

5,784

5,997

6,018

6,033

Revenue ($’000)

Rates

298,441

345,736

382,752

424,657

458,779

Rates – Penalty Tax

-

-

-

-

-

Rates – Interest

1,527

1,837

2,197

2,484

2,703

Land Tax

68,564

79,427

96,177

101,006

106,084

Land Tax – Penalty Tax

915

1,220

1,801

1,220

987

Land Tax – Interest

1,294

1,900

2,741

2,140

2,124

(2) Number of properties incurring penalty tax and interest

2007-08

2008-09

2009-10

2010-11

2011-12

Rates – interest

Commercial

512

1,355

1,285

1,419

1,551

Residential

12,589

27,157

28,715

30,656

31,438

Rural

2

11

22

16

51

Land tax – interest

Commercial

813

1,682

1,622

1,710

1,801

Residential

4,552

8,805

8,912

9,735

10,051

Land tax – penalty tax

Commercial

-

-

-

2

1

Residential

178

207

207

227

242

2012-13

2013-14

2014-15

2015-16

2016-17

Rates – interest

Commercial

1,660

1,810

1,851

1,967

1,943

Residential

32,065

33,637

33,859

36,715

37,732

Rural

60

55

44

55

53

Land tax – interest

Commercial

828

141

34

25

24

Residential

10,511

11,803

12,523

14,348

14,113

Land tax – penalty tax

Commercial

-

-

-

-

-

Residential

261

463

705

734

553

(3) Outstanding debts (including collectable and uncollectable debts) as at end of March 2018 are shown below. It is not possible to provide a breakdown between the principal tax amount and the penalty tax amount for outstanding land tax. The amount shown for rates includes the fire and emergency services levy and the safer families levy.

Rates: $50.5 million.

Rates – interest: $3.1 million.


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