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FINANCIAL YEAR.

BRITISH REVENUE AND EXPENDITURE. A SUBSTANTIAL SURPLUS. (Bt Cable—Press Association—Copyright.) (Australian and N.Z. Cable Association.) (Received April 2nd, 5.5 p.m.) LONDON, April 1. Tho year's revenue was £1,124.879,000 and expenditure £1,079,186,000. The floating debt is £.1,029,520,000. The increases are: — Corporation profits tax ... 10,866,000 Income tax 4,721,000 Estate duties 4,462,000 Postal service 3,900,000 Motor vehicles duty ... 4,023,000 The decreases are: — Excess profits duty ... 199.700,000 Stamps ... " ••• 6,953,000 Excise 5,491,000 Si>ecial receipts from surplus war stows 117,133,000

The following were the receipts and expenditure for the yeaT ending March 31st, 1921 : Receipts (000's omitted). £ Customs 134,003 Excise ... ... 199,782 Motor and vehicle duties ... 7,073 Income tax ... ... 394,146 Excess proiits duties ... 219,181 Corporation profits, tax ... 650 Other Inland Revenue duties 76,890 Post Office ... .... 49,500 Crown Lands ... ... 660 Sundry loans ... ... 30,771 Miscellaneous ... ... 313,329 Total £1,425,985 Expenditure (000's omitted). £ LVbt services ... ... ' 349,599 Road ImproTrerrumt Fund ... 8,937 Local taxation payments ... 10,785 Land settlement ... ... 6,930 Other Consol Fund services 1,793 Supply services ... ... 817,351 Total £1,195,428

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/CHP19220403.2.48

Bibliographic details
Ngā taipitopito pukapuka

Press, Volume LVIII, Issue 17420, 3 April 1922, Page 7

Word count
Tapeke kupu
158

FINANCIAL YEAR. Press, Volume LVIII, Issue 17420, 3 April 1922, Page 7

FINANCIAL YEAR. Press, Volume LVIII, Issue 17420, 3 April 1922, Page 7

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