Taxation Revenue, Australia

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Statistics about taxation revenue collected by the various levels of government in Australia

Reference period
2019-20 financial year
Released
27/04/2021

Key statistics

  • Total taxation revenue collected in Australia in 2019-20 was $552.0 billion.
  • Total taxation revenue decreased by $8.0 billion (1.4%) on the previous year.
  • Total taxation revenue as a percentage of GDP was 27.8%.

Main Features

Taxation revenue falls due to COVID-19

Total taxation revenue collected in Australia fell $8.0 billion (-1.4%) from $560.0 billion in 2018-19 to $552.0 billion in 2019-20.
 

Coronavirus (COVID-19)

COVID-19 impacted taxation revenue in the 2019-20 across all levels of government, both as a result of changes in taxation policy and through changes in economic activity.

State and local governments implemented a range of COVID-19 tax relief policies, including:

  • payroll tax relief that either waived, refunded, deferred or reduced payroll tax obligations for businesses
  • land tax relief for landlords where tenants had their rent waived or deferred

For additional information:

Key contributors to the fall in taxation revenue

Key contributors to the fall in All Australia government taxation revenue in 2019-20 were:

  • Company income tax was down $7.1 billion (-7.5%) as a result of the adverse effect of the COVID-19 pandemic on businesses with the largest falls in the tourism, banking, superannuation and insurance sectors.
  • Income tax paid by superannuation funds was down $4.3 billion (-39.3%) due to weakness in financial markets during the onset of the COVID-19 pandemic.
  • Goods and Services Tax (GST) was down $1.1 billion (-1.7%) due to reduced consumer spending in cafes, restaurants and takeaway food services, and clothing, footwear and personal accessory retailing.
  • Payroll taxes across all State and local governments were down $0.9 billion (-3.6%) reflecting tax relief and payroll refund policies, with the largest falls in New South Wales, Queensland and Victoria.
  • Gambling taxes were down $0.9 billion (-13.1%) across all state governments, with the largest falls in Queensland, New South Wales, South Australia and Victoria. This decline was the result of COVID-19 restrictions across the country, which led to pubs, clubs and other licensed venues and casinos being closed for the majority of the June quarter.
  • Personal income tax was down $0.3 billion (-0.2%) reflecting a fall in hours worked across the economy and weakness in capital gains taxes associated with subdued property and financial market conditions.
  • Stamp duties on conveyances showed weaker growth than prior years, up $0.3 billion (1.5%) across all State and local governments. This weakness was driven by the COVID-19 property market impacts in New South Wales, Queensland and Victoria.
  1. average annual movement for the 5 years preceding the current year

Total taxation revenue as a percentage of GDP

Total taxation revenue as a percentage of GDP fell from 28.7% in 2018-19 to 27.8% in 2019-20.

  1. using the GDP annual series as published in Table 36 in the December quarter 2020 issue in Australian National Accounts: National Income, Expenditure and Product.

Taxation revenue by level of government

Total taxation by level of government

Commonwealth government taxation revenue

State government taxation revenue

Local government taxation revenue

Major categories of taxation revenue

Taxation revenue by category

Taxation revenue distribution by category

Transactions related to visa application charges

In December 2015, the Commonwealth Government released the 2015-16 Mid-Year Economic and Fiscal Outlook (MYEFO) which included a reclassification of visa application charges (VAC). These charges are now treated as taxation revenue rather than sales of goods and services. This reclassification has been applied to GFS, with no impact on total GFS revenue or the GFS net operating balance. The National Accounts statistics maintains coherence with previously published data and classify this transaction as sales of goods and services. This treatment will remain in place until the upcoming 2020-21 release of the Annual National Accounts. These charges will then be classified as taxation revenue rather than sales of goods and services.

Other key measures of taxation

Taxation per capita

Taxation revenue by jurisdiction

Adjusted measures of government taxation revenue

Adjusted taxation revenue offers an alternative presentation of revenue which takes into account the level of government at which revenue is used rather than simply collected.

Adjusted taxation revenue is equal to GFS taxation revenue collected by each level of government, plus current grants received from higher levels of government, less current grants paid to lower levels of government. This measure is designed to give a clearer indication of the levels of government at which taxation revenue is actually used or spent.

Taxation as a percentage of GDP

Commonwealth government adjusted taxation revenue

State government adjusted taxation revenue

Local government adjusted taxation revenue

Related releases

Government Finance Statistics, Annual

Statistics about finances of the general government and public corporation sectors for the various levels of government in Australia.

  • The 2019-20 issue of Government Finance Statistics, Annual was published on 27 April 2021.

Previous catalogue number

This release previously used catalogue number cat. no. 5506.0.

Data downloads

Tables 1-10, Taxation Revenue, Australia

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