22-34 ACTURAL REVENUE (GENERAL REVENUE ACCOUNT AND FUNDS)

 

HK $ million

Item

1990/91

1994/95

1995/96

1996/97

1997/98

 

 

 

 

 

 

Operating Revenue

 

 

 

 

 

Direct Taxes

 

 

 

 

 

Earnings and Profits Tax

36340

74295

77419

83966

91524

Indirect Taxes

 

 

 

 

 

Bets and Sweeps Tax

5884

9352

11051

12191

13453

Entertainments Tax

136

-

-

-

-

Hotel Accommodation Tax

269

445

501

580

511

Stamp Duties

5939

12714

11215

20461

29097

Air Passenger Departure Tax

718

488

522

1121

1002

Cross Harbour Tunnel Passage Tax

197

203

202

199

200

Duties

5729

7583

7899

8450

8465

General Rates

3039

5156

5806

6285

6258

Motor Vehicle Taxes

2054

4662

2880

3249

4246

Royalties and Concessions

816

1653

1773

1755

1889

Other Revenue

 

 

 

 

 

Fines, Forfeitures and Penalties

652

1520

1607

1592

1566

Properties and Investments

1341

2103

2488

2926

7159

Loans, Reimbursements

2173

4048

4597

5044

6042

Contributions and Other Receipts

 

 

 

 

 

Utilities

5617

8392

7199

6608

6735

Fees and Charges

5992

9562

9879

10766

11279

Interest

4505

4942

5910

5616

8976

Total Operating Revenue

81401

147118

150948

170809

198402

Capital Revenue

 

 

 

 

 

Direct Taxes

 

 

 

 

 

Estate Duty

656

1459

1277

1510

1558

Indirect Taxes

 

 

 

 

 

Taxi Concessions

136

633

-

-

23

Other Revenue

 

 

 

 

 

Land Transactions

242

393

418

451

17864

Others

240

118

214

282

1076

Recovery from Housing Authority

-

1331

337

805

1188

Funds

 

 

 

 

 

Capital Works Reserve Fund

4003

20193

22478

29057

48067

(Exclude Proceeds of Bond Issue)

 

 

 

 

 

Proceeds from the Issue of Bonds

-

-

-

-

-

Capital Investment Fund

2340

2799

2681

3023

3888

Disaster Relief Fund

-

1

2

1

2

Loan Fund

506

953

1306

1919

2475

Civil Service Pension Reserve Fund

-

-

384

501

647

Total Capital Revenue

8123

27880

29097

37549

76818

Total Government Revenue

89524

174998

180045

208358

275220

 

 

 

 

 

 

 

Notes:

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.

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 1January 1998 t his head

gas been credited with all revenue from land transactions.