Home > TRO Budget > 2003-04 Budget

2003-2004 Northern Territory Budget

Key Revenue Measures

This year's budget introduced a range of measures designed to simplify and enhance the efficiency and administration of the Territory's tax regime including:

 

	-	a further cut to the payroll tax rate;
	-	an early cessation of the Temporary Budget Improvement Levy;
	-	various stamp duty avoidance measures; and
	-	changes to the mineral royalty treatment of exploration expenditure.

Summary of key changes.

To access the own-Source Revenue chapter of the Budget paper (BP3, Revenue ) click here

Revenue Circulars have been issued to further explain the 2003-04 Budget Revenue Measures.  Click here to access them.