Government of the Republic of Trinidad and Tobago

MINISTRY OF FINANCE

Government of the Republic of Trinidad and Tobago

MINISTRY OF FINANCE

Central Government Revenue /TT$ Millions/

Appendix 23
Central Government Revenue
/TT$ Millions/
Oct '19/ Sep '20Oct '20/ Sep '21Oct '21/ Sep '22Oct '22/ Sep '23Oct '23/ Sep '24rOct '24/ Sep '25p
Total Revenue and Grants 34,369.0037,266.5054,607.0054,683.9047,840.4050,572.60
Current Revenue33,842.4036,345.5053,921.3054,525.0047,821.2049,218.90
Tax Revenue26,572.5030,235.3043,426.0041,896.5037,801.3040,266.30
Non-Tax Revenue7,269.906,110.2010,495.3012,628.5010,019.908,952.60
Taxes on Income & Profits15,989.0017,987.4033,910.8030,746.3023,512.1027,212.50
of which:-
Companies7,403.709,395.4023,229.9019,758.1013,489.4015,066.20
Oil1,762.303,103.8011,461.8010,170.605,867.106,469.50
Other5,641.406,291.6011,768.109,587.507,622.308,596.70
Individuals5,947.805,555.505,512.305,780.106,217.306,450.00
Withholding Taxes937.51,005.501,038.201,619.101,141.703,018.00
Health Surcharge170.099999999999994165.69999999999999180.099999999999994170.099999999999994176.90000000000001176
Business Levy571.29999999999995650642.20000000000005763.20000000000005767.5710
Unemployment Fund211338.899999999999981,944.601,473.50683708.39999999999998
Green Fund688.60000000000002811.100000000000021,283.701,116.809751,020.90
Taxes on Property1.822.41.4100.4000000000000138.4
Taxes on Goods and Services8,022.609,671.506,562.108,118.7011,060.109,861.00
of which:-
Excise Duties658.39999999999998649.10000000000002677.20000000000005613.5619.5529.70000000000005
VAT6,682.308,296.105,097.006,613.209,460.208,310.20
Motor Vehicle Taxes & Duties221.099999999999994251.5260.5289.89999999999998221.40000000000001214
Taxes on International Trade2,301.202,287.202,608.402,740.502,785.502,738.10
of which:-
Import Duties2,301.202,287.002,608.302,740.402,785.402,738.00
Other Taxes - Stamp Duties257.89999999999998287.19999999999999342.30000000000001289.60000000000002343.19999999999999416.30000000000001
Non-Tax Revenue7,269.906,110.2010,495.3012,628.5010,019.908,952.60
of which: -
Royalty on Oil and Gas2,834.802,004.105,802.407,424.902,410.303,283.70
Profits - State Enterprises479.80000000000001479986.899999999999981,092.701,905.401,196.70
Profits - National Lottery205.19999999999999192.59999999999999226.69999999999999426375.39999999999998238.80000000000001
Production Sharing000000
Extraordinary Revenue from Oil and Gas Companies110.90000000000001275.51,758.902,086.40704.20000000000005265.80000000000001
Equity Profits - Central Bank1,884.001,377.60756.5550.700000000000051,587.502,019.80
Interest Income15.217.45.28.51211.4
Repayment of Past Lending11.19.513.48.71,021.80684.39999999999998
Administrative Fees and Charges542.39999999999998499.60000000000002597.70000000000005523522.5567.79999999999995
Capital Revenue526.60000000000002921685.70000000000005158.9000000000000119.21,353.70
of which:-
Sale of Assets515895.70000000000005675.20000000000005109.73.13.6
Grants7.37.35.81111.20
Extraordinary013.5033.101,346.90
Source: Budget Division, Ministry of Finance
p:Provisional
r: Revised