Sustainability Report 2005-2006

Department of the Environment and Water Resources, 2007

Economic performance

Revenues

EC8: Total sum of taxes paid

Goals 2005-06

None set

Performance 2005-06 and trends

GST is effectively a tax on final consumption and is ultimately borne by the consumer. Therefore registered entities such as DEH will generally be entitled to input tax credits for the GST on acquisitions purchased for the purpose of DEH’s business. DEH will offset these input tax credits against the GST payable.

In 2005-06, Outcome 1 was reimbursed a total of $26.9m in GST by the Australian Taxation Office (this was $29.9m received for GST, offset by $0.3m paid for GST) and paid $0.422m for Fringe Benefits Tax.

Figure 1: Outcome 1 (environment) GST

In 2005-06, Outcome 2 was reimbursed a total of $3.5m in GST by the Australian Taxation Office (this was $3.5m received for GST, offset by $0m paid for GST) and paid $0.081m for Fringe Benefits Tax.

Figure 2: Outcome 2 (Antarctica) GST