Territory Revenue Office

Revenue units

Many government fees in the Northern Territory (NT) are shown in revenue units rather than dollars.

Revenue units are a simple way of maintaining the real value of NT fees and charges while taking into account inflation. Read the Revenue Units Act 2009.

How much is a revenue unit

From 1 July 2021, the value of a revenue unit will increase each financial year by the annual percentage change in Darwin's Consumer Price Index (CPI) or three per cent - whichever is higher.

For more information about CPI, go to the Australian Bureau of Statistics website.

How to calculate

You need to multiply the number of revenue units by the current value of the year chosen.

Number of revenue units x value of revenue unit = value of fee

If the fee is not a multiple of $1, the amount is rounded down to the nearest dollar.

Example

If a revenue unit is $1.24, then the value of 120 revenue units is $148.

120 x $1.24 = $148.80 (rounded down to $148).

The table below shows the value of a revenue unit for the relevant financial year.

Date Value of revenue unit
1 July 2021 to 30 June 2022$1.24
1 July 2020 to 30 June 2021$1.21
1 July 2019 to 30 June 2020$1.21
1 July 2018 to 30 June 2019 $1.18
1 July 2017 to 30 June 2018 $1.15
1 July 2016 to 30 June 2017 $1.15
1 July 2015 to 30 June 2016 $1.15
1 July 2014 to 30 June 2015 $1.11
1 July 2013 to 30 June 2014 $1.07
1 July 2012 to 30 June 2013 $1.05
1 July 2011 to 30 June 2012 $1.02
1 January 2010 to 30 June 2011 $1.00

When new values apply

If the new monetary value of a revenue unit is more than the previous year's value, the new value applies in calculating fees or charges that are incurred only on or after the day the new value takes effect.

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Last updated: 29 April 2021

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