In 2020–21, we collected $19.6 billion in revenue and allocated $296.2 million in grants, subsidies, rebates, and payments, including unclaimed money. Additionally, we played a major role in delivering over $960 million in targeted coronavirus tax and fee relief to Victorian businesses and individuals.
The revenue we collect helps to fund vital infrastructure and government services, such as education, law and order, and healthcare, while also contributing to specific support provided to the community and industry.
Performance against forecast for 2020-21
| 2020-21 | Forecast $'000 |
Collections $'000 |
Variance |
|---|---|---|---|
| Payroll tax | 6,192,000 | 7,027,347 | +13.5% |
| Land transfer duty | 5,951,000 | 6,424,456 | +7.9% |
| Land tax | 3,675,000 | 3,379,522 | -8.0% |
| General insurance duty | 1,300,000 | 1,322,425 | +1.7% |
| Fire services property levy | 718,000 | 728,982 | +1.5% |
| Transport Accident Commission duty | 217,300 | 217,761 | +0.2% |
| Congestion levy | 80,600 | 76,848 | -4.7% |
| Growth areas infrastructure contribution | 240,000 | 197,300 | -17.8% |
| Liquor licence fees | 4,600 | 4,453 | -3.2% |
| Metropolitan planning levy | 20,000 | 18,880 | -5.7% |
| Other miscellaneous duties | 0 | 2,522 | N/A |
| Commercial passenger vehicle service levy | 27,070 | 26,971 | -0.4% |
| Wagering and betting tax | 190,000 | 186,451 | -2.1% |
| Total revenue | 18,615,570 | 19,613,918 | +5.4% |
