Page 818 - Week 02 - Thursday, 23 February 2012

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Taxation—revenue losses
(Question No 1925)

Mr Seselja asked the Treasurer, upon notice, on 17 November 2011:

(1) How much revenue has the Government lost from the non-payment of taxes, fees and charges by individuals and business for the last three financial years.

(2) How much of the lost revenue referred to in part (1) was attributed to the non-payment of general rates.

(3) How much interest revenue has the Government received from overdue and deferred payments of taxes, fees and charges from individuals and business for the last three financial years.

(4) How much of the interest revenue referred to in part (3) was attributed to late or deferred payments of general rates.

(5) How many people are employed in the Treasury to recover outstanding debt owed to the Government.

(6) What has been the recovery rate of outstanding debt for the Treasury in the last three financial years.

(7) How long does the Treasury pursue outstanding debt from individuals and businesses.

Mr Barr: The answer to the member’s question is as follows:

(1) The amounts written-off for the last three financial years for non-payment of taxes, fees and charges are as follows:

2008-09

2009-10

2010-11

$1,195,575

$252,578

$2,352,145

(2) The amounts attributed to general rates are:

2008-09

2009-10

2010-11

$52,502

$18,195

$5,218

(3) Interest received from overdue and deferred payment of taxes, fees and charges for the last three financial years is as follows:

2008-09

2009-10

2010-11

$2,764,518

$2,942,244

$2,728,895


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