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BUDGET SUMMARY

Allowing for all the adjustments referred to, the following tahle gives estimated receipts and expenditure under main headings for 1947-48: — RECEIPTS. Taxation — £ Customs 20,300,000 Beer duty .,. . . - 4,370,000Sales tax . -. 15;300,000 Film hire 130,000 Highways 3,300,000 Stamp duty 9, G 00, 000 Land-tax 950,000 Income-tax 35,500,000 National security tax . . . 760,000 Miscellaneous 100,000 Interest . . , ( . . 5,500,000 Profits of trading imd'ertakings . . 2,160,000 Departmental receipts . . . . 11,490,000 £108,860,000 EXPENDITURE. Permanent Appropriations — £ Debt' services — Interest arid management 18,215,000 Repayment 4,567,000 Other special Acts . . . . 740,000 Aimual votes — ^ocial Security 16,000,000 Other Social Services . . 18,986,000 Armed Services 10,134,000 Stabilisation 13,459,000 Other "votes 23,415,000 Additional costs arising out of Arbitration Court's decision — Increased subsidy to Hospital Boards . . . . . . 210,000 Increased war pensions . . 140,000 Increases in departmental votes for wages and salary increases and for stores . . 2,000,000 Supplementary Estimates and contingencies . . . . 994,000 £108,860,000

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHRONL19470822.2.38.3

Bibliographic details

Chronicle (Levin), 22 August 1947, Page 6

Word Count
132

BUDGET SUMMARY Chronicle (Levin), 22 August 1947, Page 6

BUDGET SUMMARY Chronicle (Levin), 22 August 1947, Page 6

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