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Goods and Services Tax [1] (GST) in Australia is a value added tax of 10% on most goods and services sales, with some exemptions (such as for certain food, healthcare and housing items [2]) and concessions (including qualifying long term accommodation which is taxed at an effective rate of 5.5% [3]). GST is levied on most transactions in the ...
South Australia was the first Australian state to introduce a land tax, based on the unimproved capital value of land, in 1884. [6] [7] In 1910, George Allen (first secretary to the Treasury) founded the Land Tax Office to service land taxes at the federal level as a form of wealth tax and as a means to break up large tracts of underutilised land.
The agency helps to develop policy, implement legislation, collect revenue, process and enforce outstanding fines and penalties. It administers state taxation laws, including the Land Tax Act 1956, Payroll Tax Act 2007 and the Stamp Duties Act 1920. In 2016–2017, Revenue NSW collected more than A$ 29.4 billion in revenue. [3]
The first stamp duty revenues were issued in 1865 portraying Queen Victoria. Until 1901, a number of sets were issued, all portraying Queen Victoria but with many different designs. In 1909 a new set portraying King Edward VII was issued, and numeral types were first issued in 1917.
The minister is supported by the Minister for Small Business who has responsibilities for matters relating to small business policy and regulation in New South Wales. [2] [3] The minister administers the portfolio and supports the Treasurer of New South Wales, through Treasury, Revenue NSW, and associated government agencies. [4]
The portfolio was responsible for promoting the well-being, growth and development of the small business sector in New South Wales through the Office of Small Business. In the eighth Wran ministry small business was combined with industry to form the portfolio of Industry and Small Business. [1] Small Business first became a separate portfolio ...
The Government of New South Wales, also known as the NSW Government, is the executive state government of New South Wales, Australia. The government comprises 11 portfolios, led by a ministerial department and supported by several agencies.
The New South Wales Department of Finance, Services and Innovation, was a department of the Government of New South Wales that, until its 2019 abolition, functioned as a service provider to support sustainable government finances, major public works and maintenance programs, government procurement, information and communications technology, corporate and shared services, consumer protection ...