From Victoria Government
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State Budget 2016-17 - Insurance Taxes

Created 05/05/2025

Updated 05/05/2025

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Taxation revenue is revenue received from the State’s taxpayers and includes payroll tax, land tax, duties levied principally on conveyances and land transfers, gambling taxes, insurance duty, fire services property levy, motor vehicle taxes and other taxes including congestion levy, metropolitan improvement levy and so on. The State’s taxation revenue is forecast by a process that involves application of DTF’s economic forecasts, where there is a relationship between taxation revenue and economic variables; and use of forward indicators, unpublished revenue data and qualitative information from liaison with relevant stakeholders. This enables an assessment of economic and other factors influencing the tax bases from which taxes are sourced e.g. for payroll tax, an assessment of the outlook for employment. Where necessary, adjustment factors are used to account for other trends or events not captured by the model, such as impact of economic shocks or policy stimulus.

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Additional Info

Field Value
Title State Budget 2016-17 - Insurance Taxes
Language English
Licence Creative Commons Attribution 3.0 Australia
Landing Page https://devweb.dga.links.com.au/data/dataset/84b41ae4-7afc-4945-89de-9f6ac976144a
Remote Last Updated 16/12/2024
Contact Point
Victorian State Budget
test@email.loc
Reference Period 27/04/2016
Geospatial Coverage http://www.ga.gov.au/place-names/PlaceDetails.jsp?submit1=GA7
Data Portal data.gov.au

Data Source

This dataset was originally found on Victoria Government "State Budget 2016-17 - Insurance Taxes". Please visit the source to access the original metadata of the dataset:
https://discover.data.vic.gov.au/dataset/state-budget-2016-17-insurance-taxes