23-29      Government Revenue (General Revenue Account and Funds)

 

 

 

 

 

(HKD million)

Item

1996/1997

1997/1998

1998/1999

1999/2000

2000/2001

 

 

 

 

 

 

  Operating Revenue                    

        

        

        

        

        

      Direct Taxes                       

        

        

        

        

        

          Earnings and Profits Tax          

83966

91524

75746

66914

73870

      Indirect Taxes                     

        

        

        

 

 

          Bets and Sweeps Tax              

12191

13453

12228

11938

12630

          Hotel Accommodation Tax          

580

511

219

182

223

          Stamp Duties                     

20461

29097

10189

12116

10911

          Air Passenger Departure Tax      

1121

1002

573

499

537

          Cross Harbour Tunnel Passage Tax 

199

200

195

97

 

          Duties                           

8450

8465

7698

7377

7293

          General Rates                    

6285

6258

3614

7132

14428

          Motor Vehicle Taxes               

3249

4246

2237

2613

3025

          Royalties and Concessions        

1755

1889

1286

1577

1767

      Other Revenue                      

        

        

        

 

 

          Fines,Forfeitures and Penalties  

1592

1566

1333

1093

1061

          Properties and Investments       

2926

7159

8335

6986

7579

          Loans, Reimbursements,            

        

        

        

 

 

            Contributions and Other Receipts

5044

6042

6517

5672

4210

          Utilities                        

6608

6735

4400

3326

3297

          Fees and Charges                 

10766

11279

10565

10896

10973

          Investment Income

 

 

 

 

 

              General Revenue Account

5616

8976

21568

15390

6835

            Land Fund

 

6006

10080

21388

12681

      Total Operating Revenue            

170809

204408

176783

175196

171320

  Capital Revenue                      

        

        

        

 

 

      Direct Taxes                       

        

        

        

 

 

          Estate Duty                      

1510

1588

1237

1272

1503

      Indirect Taxes                     

        

        

        

 

 

          Taxi Concessions                 

-

23

-

-

-

      Other Revenue                      

        

        

 

 

 

          Land Transactions             

451

17864

-

-

-

          Others                           

282

1076

982

1384

10525

          Recovery from Housing Authority  

805

1188

1471

640

2067

      Funds                              

        

        

        

 

 

          Capital Works Reserve Fund     

29057

48067

25686

39111

32183

             (exclude proceeds of bond issue)

 

 

 

 

 

          Capital Investment Fund          

3023

3888

6329

2665

2949

          Disaster Relief Fund             

1

2

3

4

3

          Loan Fund                        

1919

2475

2533

11515

3612

          Civil Service Pension Reserve Fund

501

647

1091

1016

602

          Innovation and Technology Fund

-

-

-

192

296

      Total Capital Revenue              

37549

76818

39332

57799

53740

  Total Government Revenue              

208358

281226

216115

232995

225060

 

 

 

 

 

 

 

 

 

 

 

 

Notes: Including the change in the net worth of the investments up to 31 October 1998.

 

 

 

           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 1 January 1998 this head has been credited with all

               revenue from land transactions.