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23-33 Government Revenue
(General Revenue Account and Funds) |
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(HKD 100 million) |
| Item |
1997/1998 |
1998/1999 |
1999/2000 |
2000/2001 |
2001/2002 |
| Operating Revenue
|
|
|
|
|
|
| Direct
Taxes
|
|
|
|
|
|
|
Earnings and Profits Tax
|
915.24 |
757.46 |
669.14 |
738.70 |
777.49 |
| Indirect
Taxes
|
|
|
|
|
|
|
Bets and Sweeps Tax
|
134.53 |
122.28 |
119.38 |
126.30 |
115.71 |
|
Hotel Accommodation Tax
|
5.11 |
2.19 |
1.82 |
2.23 |
2.03 |
|
Stamp Duties
|
290.97 |
101.89 |
121.16 |
109.11 |
86.37 |
|
Air Passenger Departure Tax |
10.02 |
5.73 |
4.99 |
5.37 |
6.66 |
|
Cross Harbour Tunnel Passage Tax |
2.00 |
1.95 |
0.97 |
- |
- |
|
Duties
|
84.65 |
76.98 |
73.77 |
72.93 |
69.81 |
|
General Rates
|
62.58 |
36.14 |
71.32 |
144.28 |
127.27 |
|
Motor Vehicle Taxes
|
42.46 |
22.37 |
26.13 |
30.25 |
26.76 |
|
Royalties and Concessions
|
18.89 |
12.86 |
15.77 |
17.67 |
18.81 |
| Other
Revenue
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|
|
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Fines,Forfeitures and Penalties |
15.66 |
13.33 |
10.93 |
10.61 |
9.26 |
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Properties and Investments
|
71.59 |
83.35 |
69.86 |
75.79 |
86.21 |
|
Loans, Reimbursements,
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|
|
|
|
|
|
Contributions and Other Receipts |
60.42 |
65.17 |
56.72 |
42.10 |
41.54 |
|
Utilities
|
67.35 |
44.00 |
33.26 |
32.97 |
33.66 |
|
Fees and Charges
|
112.79 |
105.65 |
108.96 |
109.73 |
109.16 |
|
Investment Income |
|
|
|
|
|
|
General Revenue Account |
89.76 |
215.68 |
153.90 |
68.35 |
2.25 |
|
Land Fund1* |
60.06 |
100.80 |
213.88 |
126.81 |
1.06 |
| Total
Operating Revenue
|
2044.08 |
1767.83 |
1751.96 |
1713.20 |
1514.05 |
| Capital Revenue
|
|
|
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| Direct
Taxes
|
|
|
|
|
|
|
Estate Duty
|
15.88 |
12.37 |
12.72 |
15.03 |
19.28 |
| Indirect
Taxes
|
|
|
|
|
|
|
Taxi Concessions
|
0.23 |
- |
- |
- |
- |
| Other
Revenue
|
|
|
|
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Land Transactions2*
|
178.64 |
- |
- |
- |
- |
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Others
|
10.76 |
9.82 |
13.84 |
105.25 |
8.37 |
|
Recovery from Housing Authority |
11.88 |
14.71 |
6.40 |
20.67 |
24.75 |
| Funds
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|
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Capital Works Reserve Fund3* |
480.67 |
256.86 |
391.11 |
321.83 |
106.83 |
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(exclude proceeds of bond issue) |
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Capital Investment Fund
|
38.88 |
63.29 |
26.65 |
29.49 |
28.16 |
|
Disaster Relief Fund
|
0.02 |
0.03 |
0.04 |
0.03 |
0.01 |
|
Loan Fund
|
24.75 |
25.33 |
115.15 |
36.12 |
53.82 |
|
Civil Service Pension Reserve Fund |
6.47 |
10.91 |
10.16 |
6.02 |
0.05 |
|
Innovation and Technology Fund |
- |
- |
1.92 |
2.96 |
0.27 |
| Total
Capital Revenue
|
768.18 |
393.32 |
577.99 |
537.40 |
241.54 |
| Total Government Revenue
|
2812.26 |
2161.15 |
2329.95 |
2250.60 |
1755.59 |
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| Notes:
1*Including the change
in the net worth of the investments up to 31 October 1998. |
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2*From 27 May
1985 up to 30 June 1997 this head included only land transactions
conferring a benefit that |
| expired on or before 30 June 1997. From 1 July 1997 to 31 December 1997, |
| pending amendment of
the Capital Works Reserve Fund resolution, all land revenue was |
| credited to this head. |
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3*From 27 May
1985 up to 30 June 1997 this head included the former Hong Kong Government
share of |
| land revenue distributed in accordance with Annex III of the Sino-British Joint Declaration. |
| From 1 January 1998 this head has been credited with all revenue from |
|
land transactions. |
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