This section provides an overview of total IRP expenditure, including break downs by IRPD type.
Chart 2 and Chart 3 show that IRP expenditure is highly concentrated.
In the 2019–20 income year:
- Entities that disclose more than $500 million in IRP expenditure
- account for almost 50% of total IRP expenditure
- represent 1% of those that disclose IRP expenditure.
- Entities that disclose up to $10 million in IRP expenditure
- account for 5% of total IRPD expenditure
- represent more than 70% of those that disclose IRP expenditure.
Chart 2: IRP expenditure – Pareto chart of ranged IRP expenditure per entity (dollar value), 2019–20 income year
Download data for the 2019–20 income year at Table 3External Link.
Chart 3: IRP expenditure – Histogram of ranged IRP expenditure per entity (counts), 2019–20 income year
Download data for the 2019–20 income year at Table 3External Link.
Chart 4 shows the majority of IRP expenditure (by dollar value) relates to tangible goods of a revenue nature (sale or purchase of trading stock and raw materials), followed by services arrangements and financial dealings.
Chart 4: IRP expenditure by IRPD type, 2019–20 income year
Download data for the 2019–20 income year at Table 3External Link.
The following tables provide break downs of IRP expenditure:
- Table 3 shows the total dollar value by IRPD type
- Table 4 shows entity counts, averages (means) and medians by IRPD type.
IRPD type |
2015–16 |
2016–17 |
2017–18 |
2018–19 |
2019–20 |
---|---|---|---|---|---|
Tangible property of a revenue nature |
147,424 |
150,173 |
167,292 |
183,058 |
184,124 |
Royalties and licence fees |
7,860 |
7,947 |
8,364 |
9,223 |
9,352 |
Rent and leasing |
2,213 |
1,317 |
1,000 |
994 |
822 |
Service arrangements |
34,209 |
33,140 |
37,598 |
43,562 |
49,590 |
Total financial dealings |
30,788 |
28,846 |
32,502 |
31,511 |
32,756 |
a) Interest |
16,879 |
17,233 |
17,504 |
18,299 |
18,033 |
b) Guarantees |
983 |
862 |
894 |
925 |
948 |
c) Insurance |
681 |
638 |
696 |
689 |
851 |
d) Reinsurance |
5,195 |
5,340 |
7,590 |
6,390 |
5,941 |
e) Derivatives |
5,232 |
4,440 |
5,133 |
4,429 |
5,745 |
f) Other financial |
1,818 |
332 |
685 |
779 |
1,237 |
Share-based employee remuneration |
820 |
823 |
883 |
1,077 |
1,286 |
Other IRPDs |
4,926 |
5,152 |
5,390 |
5,003 |
4,815 |
Total |
228,240 |
227,397 |
253,029 |
274,428 |
282,744 |
Download data from the 2015–16 income year onwards at Table 1External Link.
IRPD type |
2018–19 |
2019–20 |
||||
---|---|---|---|---|---|---|
Entities |
Average |
Median |
Entities |
Average |
Median |
|
Tangible property of a revenue nature |
3,276 |
55,878,564 |
5,739,343 |
3,297 |
55,845,917 |
6,153,238 |
Royalties and licence fees |
1,309 |
7,046,088 |
877,825 |
1,313 |
7,122,697 |
887,843 |
Rent and leasing |
208 |
4,778,778 |
640,506 |
186 |
4,417,702 |
669,407 |
Service arrangements |
4,753 |
9,165,200 |
1,000,000 |
4,898 |
10,124,573 |
1,021,155 |
Total financial dealings |
4,238 |
7,435,408 |
353,486 |
4,232 |
7,740,018 |
316,517 |
a) Interest |
3,858 |
4,743,117 |
346,117 |
3,847 |
4,687,653 |
311,612 |
b) Guarantees |
256 |
3,613,662 |
147,360 |
278 |
3,408,359 |
140,171 |
c) Insurance |
380 |
1,814,315 |
57,826 |
387 |
2,200,083 |
60,707 |
d) Reinsurance |
41 |
155,843,062 |
38,213,891 |
44 |
135,023,347 |
40,387,635 |
e) Derivatives |
175 |
25,310,061 |
1,436,624 |
174 |
33,017,149 |
1,022,372 |
f) Other financial |
142 |
5,485,562 |
322,338 |
136 |
9,098,455 |
316,870 |
Share-based employee remuneration |
425 |
2,532,983 |
341,908 |
425 |
3,025,462 |
304,921 |
Other IRPDs |
1,281 |
3,905,412 |
269,174 |
1,297 |
3,712,241 |
255,407 |
Total |
7,909 |
34,698,229 |
2,928,769 |
7,939 |
35,614,598 |
2,946,411 |
In this table:
- Counts, averages (means) and medians are calculated excluding zeros.
- Total components do not add to the total count of entities disclosing IRP expenditure because taxpayers may disclose more than one IRPD type.
Download selected data from the 2018–19 income year onwards at Table 1External Link.