The division provides a blend of corporate services primarily to the Department of Finance, the Office of the Premier, the Executive Council Office, the Department of Intergovernmental and International Relations, the Office of the Comptroller and General Government.

This includes financial services, information and technology services, human resource services, and policy and planning.

Policy and Planning Services

Co-ordinate departmental initiatives. Provide leadership and expertise in the development of major legislation and policy initiatives as a support service to the operational divisions of the Department of Finance. Provide advice and assistance to senior management.

Financial Services

Provide the Department of Finance and other central agencies with internal budget development, financial planning and monitoring, accounting and related financial services and various administrative functions.

Human Resources Services

Provide advice and support to the Department of Finance and associated agencies. Key results areas are staffing; classification; labour/management issues; performance management; second-language training; training and development; payroll; benefits; Equal Employment Opportunity Program; Employee and Family Assistance Program; official languages.

Information Management and Technology

Promote the effective use of information and technology through advice and technical support to the Department of Finance and other central agencies. Activities are focused on operations and technical support, business applications development and support, and information management.

Revenue and Taxation Division

The Revenue and Taxation Division provides policy advice, information and recommendations with respect to the analysis, design and implementation of the Province's tax policies and provides fair, effective and efficient administration of tax and regulatory programs.

The division consists of the Tax Policy Branch, the Revenue Administration Branch and the Strategic Business Initiatives Branch.

Tax Policy Branch

Mandate: Develops and provides policy advice and recommendations on matters relating to taxation. Analyzes, designs options, provides information, advice and recommendations and implements legislative measures in support of the government's taxation priorities. Policy work includes all areas of taxation: income tax (corporate and personal), consumption taxes (HST, gasoline and motive fuel, tobacco tax), property tax, etc.

Strategic Business Initiatives Branch

Mandate: Identifies, assesses and implements innovative technological and business solutions to develop and administer effective and efficient taxation and regulatory programs. Ensures continuous improvement of business practices and procedures. Responsible for business applications and for records management in the division.

Revenue Administration Branch

Mandate: Administers assigned revenue and taxation programs associated with real property and consumption taxes. Headed by the provincial tax commissioner, it has three sections: Tax Program Administration, Audit and Investigation Services and Account Management, CRA relations.

Tax Program Administration Functions include: development of tax guides, bulletins and taxation information for the public; registration and licensing services for taxation programs, including truckers registered under the International Fuel Tax Agreement (IFTA), gasoline wholesalers and retailers, tobacco wholesalers and retailers and purchasers permit holders; education of vendors and consumers to improve voluntary compliance with tax laws; monitor and report on the exempt fuel purchases and usage. Tax Program Unit also provides support to Tax Commissioner's Office in the review of tax objections and co-ordination of tax appeals to the Minister of Finance.

Functions of Audit and Investigation Services include: comprehensive tax auditing program with a focus on gasoline and motive fuel tax and tobacco tax; inspections and investigations to assure compliance with tax laws and regulatory requirements; enforcement and corrective action, where required; fuel tax audits on New Brunswick-based international carriers as member jurisdiction of the International Fuel Tax Agreement; audits on charitable licence holders; audits on retailers located in First Nations reserves with respect to First Nations revenue sharing agreements.

Account Management consists of the Tax Accounting and Refunds Unit, and the Accounts Receivables Unit and the Tuition Rebate Unit. Functions include: issuing annual property assessment and tax notices and supplementary notices; processing property tax and consumption tax payments, reports and refunds; monitoring and collecting outstanding receivables for property tax and consumption taxes; carrying out enforced collection procedures, where required; processing Provincial Vehicle Tax payments; processing applications for the Low-income Seniors’ Benefit various rebate programs. Administers the legislated tax-sale process.

CRA Relations is the operational liaison between Finance and the Canada Revenue Agency (CRA), in relation to the administration of various tax collection agreements.

Assures NB participation in federal-provincial strategies to deal with the underground economy.

The Treasury Division is responsible for financing the Province's cash requirements; cash management for the consolidated fund; administration of outstanding debenture debt; investment management and administration of pension, sinking and special purpose trust funds; financial policy analysis and advice; Crown corporation and municipal financing, as well as strategic marketing of New Brunswick to investors.

Debt Management Branch (Front Office)

Mandate: Responsible for long-term financing for the Province and its agencies, management of the Province’s and New Brunswick Municipal Finance Corporation’s financial liabilities and management of financial assets. Also responsible for pension plan liability analysis, development and monitoring of investment policies and preparation of trust fund financial statements.

Banking and Cash Management (Back Office)

Mandate: Responsible for cash management of the consolidated fund, overall banking arrangements, including those for projects such as student loans, hospitals, etc. Prepares cash flow forecasts, undertakes short-term borrowings and performs investment transactions for the Province, its agencies and trust funds. These transactions include: money market, fixed income and foreign exchange transactions. Receives and deposits all provincial revenues to ensure timely receipt and payment of monies to minimize short-term financing charges.

Corporate Affairs Branch (Middle Office)

Mandate: Responsible for ensuring policies and procedures are established and complied with. Responsible for developing and maintaining the division’s strategic, operational and emergency plans. Acts as operational risk manager ensuring the appropriate people and technologies are in place. Markets New Brunswick securities to the financial community in Canada and abroad. Acts as both the operational and contract manager for N.B. Electric Finance Corporation and N.B. Municipal Finance Corporation. Manages information as a support to Treasury operations and to government in its accountability role to the legislature and the general public.