• Refunds

    In 2010-11 refunds totalled $88.3 billion - $3.7 billion or 4.4% above total refunds for 2009-10. The largest increases were for activity statement, individuals and company refunds.

    The growth in activity statements refunds related principally to mining industry GST refunds stemming from the large-scale investments taking place in this industry. The growth in company income tax refunds reflected in part the operation of the consolidation regime and related measures.

    TABLE 4.3: Amount refunded, by type of tax, 2001-02 to 2010-11

    Tax, duty or charge

    2001-02
    $m

    2002-03
    $m

    2003-04
    $m

    2004-05
    $m

    2005-06
    $m

    2006-07
    $m

    2007-08
    $m

    2008-09
    $m

    2009-10
    $m

    2010-11
    $m

    Income tax

                       

    Total individuals (a)

    11,078

    11,651

    12,325

    13,734

    15,244

    17,145

    19,601

    23,569

    24,390

    24,711

    Companies

    5,510

    4,860

    5,313

    5,668

    6,452

    6,919

    7,988

    10,244

    10,604

    11,873

    Superannuation funds (b)

    923

    761

    786

    1,182

    1,543

    1,324

    1,329

    1,980

    3,229

    2,468

    Withholding tax (c)

    11

    0

    0

                 

    Petroleum resource rent tax

    497

    233

    265

    184

    127

    313

    121

    28

    73

    100

    Fringe benefits tax (d)

    365

    524

    367

    353

    251

    430

    280

    658

    547

    567

    TOTAL INCOME TAX

    18,385

    18,029

    19,056

    21,121

    23,617

    26,131

    29,319

    36,479

    38,843

    39,719

    Sales tax

    116

    93

    66

    18

    16

    6

    0

    1

    0

    0

    Excise (e)

    63

    91

    47

    41

    101

    69

    25

    39

    21

    34

    Activity statements (f)

    22,001

    22,921

    24,881

    27,803

    30,651

    36,048

    41,587

    47,773

    45,727

    48,568

    TOTAL (g)

    40,565

    41,134

    44,050

    48,983

    54,385

    62,254

    70,931

    84,292

    84,591

    88,321

    (a) Excludes private health insurance rebate, family tax benefits, and baby bonus expense items from 2002-03.

    (b) Includes superannuation surcharge refunds.

    (c) Interest, dividend, royalty and tax file number withholding tax refunds. From 2004-05 these are included with activity statements and are no longer available separately.

    (d) 2000-01 to 2004-05 exclude Australian Government departments and authorities. 2005-06 to 2010-11 include Australian Government departments and authorities.

    (e) Excludes the impact of diesel fuel rebates and grants.

    (f) Includes GST credits and fuel tax credit business activity statement refunds but excludes other fuel scheme refunds.

    (g) Totals may differ from the sum of components due to rounding.

    FIGURE 4.1: Refunds of tax collections, 2001-02 to 2010-11

    FIGURE 4.1: Refunds of tax collections, 2001-02 to 2010-11

      Last modified: 31 Oct 2011QC 28036