Over the five years to 2018, all industry segments reported growth in total income, taxable income and tax payable. The increase in the number of entities in each industry, with the exception of mining, energy and water, was a key contributing factor to the increase in these figures (see Table 4).
The following figures illustrate the changes by industry segment in tax payable, total income, taxable income, and entity counts over the five years since the first report on corporate tax transparency was released.
Figure 3 and Figure 4 illustrate the trend in tax payable by industry segment in the five years to 2018. Table 1 summarises this data.
Figure 3: Five-year trend of tax payable by industry segment
Figure 4: Five-year trend of tax payable by industry segment
Industry segment |
2013–14 |
2014–15 |
2015–16 |
2016–17 |
2017–18 |
---|---|---|---|---|---|
BFI |
12.4 |
14.1 |
14.5 |
15.5 |
16.2 |
ISR |
2.1 |
2.4 |
2.5 |
2.7 |
2.7 |
MCA |
2.0 |
3.6 |
3.3 |
3.5 |
4.1 |
WRS |
10.7 |
11.5 |
11.7 |
11.9 |
13.3 |
MIN |
12.7 |
10.3 |
6.3 |
12.1 |
16.1 |
All industry segments |
39.9 |
41.9 |
38.2 |
45.7 |
52.3 |
Figures 5 and 6 below illustrate the trend in total income by industry segment in the five years to 2018. Table 2 summarises this data.
Figure 5: Five-year trend of total income by industry segment
Figure 6: Five-year trend of total income by industry segment
Industry segment |
2013–14 |
2014–15 |
2015–16 |
2016–17 |
2017–18 |
---|---|---|---|---|---|
BFI |
271.6 |
263.6 |
275.9 |
269.4 |
290.8 |
ISR |
107.2 |
119.8 |
122.6 |
116.2 |
121.5 |
MCA |
224.2 |
281.7 |
301.8 |
301.6 |
332.8 |
WRS |
675.4 |
771.8 |
797.2 |
826.2 |
885.4 |
MIN |
350.4 |
344.0 |
310.1 |
334.7 |
369.5 |
All industry segments |
1,628.9 |
1,781.0 |
1,807.7 |
1,848.1 |
2,000.0 |
Figures 7 and 8 below illustrate the trend in taxable income by industry segment in the five years to 2018. Table 3 summarises this data.
Figure 7: Five-year trend of taxable income by industry segment
Figure 8: Five-year trend of taxable income by industry segment
Industry segment |
2013–14 |
2014–15 |
2015–16 |
2016–17 |
2017–18 |
---|---|---|---|---|---|
BFI |
60.1 |
55.5 |
70.8 |
63.3 |
74.8 |
ISR |
10.9 |
12.3 |
13.1 |
14.5 |
14.4 |
MCA |
7.7 |
13.1 |
12.4 |
12.7 |
14.8 |
WRS |
33.0 |
36.8 |
34.7 |
35.3 |
40.3 |
MIN |
39.1 |
27.3 |
11.0 |
30.3 |
49.2 |
All industry segments |
150.8 |
145.1 |
142.0 |
156.2 |
193.5 |
Figures 9 and 10 below illustrate the count of entities by industry segment in the five years to 2018. Table 4 summarises this data.
Figure 9: Count of entities by industry segment over five years
Figure 10: Count of entities by industry segment over five years