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REVENUE RETURNS.

BRITISH DECREASE NEARLY 20 MILLIONS. INCOME TAX LESS THAN HALF. By TeleKr»Dh—Prese Atsoclatlon-OoiiyrlllU (Rec. April 1, 8.50 p.m.) London, April 1. The revenue of ■the United Kingdom for the quarter ended March 31 amounted to. £37,400,909, the leading items being; . . < • - Customs ~ £7,993,000 Excise ....„ £7,162,000 Stomps £2,108,000 Property and income tax for tho year ended March 31, totalled £13,295,000. YEARS' FIGURES COMPARED. RESULT OF NON-PASSING OF THE BUDGET. Adding the above quarterly figures to previous returns, the total revenue for the United Kingdom for the year 1909-10, as compared with that for the preceding year 1908-09, is as under: 1908-C9 _ ... £151,578,295 1909-10 £131,696,456 Decrease in 1909-10... £19,881,839 • Tho year just, closed, therefore, showe a falling-off of nearly twenty millions, due to the disarrangement of the finances caused by the House of Lords' refusal to pass the Budget, and, secondarily, by the Government's refusal to enact the income tax resolutions separately. Indeed, the,/decrease shown, and a little more, is found under the head of prop_erty and income tax.' The figure given in the cablegram for this tax compares as under with that for 1908-09: 1908-09 ..„ .„.. £33,930,000 1909-10 .» •._........_.. £13,295,000 Decrease in 1909-10 £20,635,000 The comparative figures of leading items, based on the cablegram, are for the two years as under: -190M9. 1509.10. OoEtome 29,2007<X)0 30,348,000 ■ Ino. U4B COO Eirise ... 33,650,000 31.032 000 Deo.. Z.ffiocO Stamps 7,770,000 . 8,079,000 Inc. mm

CALCULATED, CHAOS. TO PUNISH UNIONISTS AND THE COUNTRY. CRec April 2, 1.20 a.m.) London, April 1. The deficiency in the year's revenue (the decrease is shown above to be nearly twenty millions) evokes from "The Times" a vehement article charging the. Government with calculated mismanagement of the country , a affairs, with a view to punish the country for not sanctioning parta of the Budget, also with a view to leaving financial chaos in order to embarrass the Government's political opponents. AUSTRALIAN STATE REVENUE. ■ RESULTS. ~-■■ . ■'•' Sydney, April 1. , The State revenuo : for the nine months ended' March 31 increased; by £68,950 compared with the same period of last year. ' . ' (Eec. April 1, 11.50 p.m.) '■■' Melbourne, ; April- L The State revenue for the nine months ended March 31 shows an 7 , increase of £414,316, compared with the corresponding period of last year. ''■■'■■' •'' 'Brisbane';' April 1. The State revenue for the nine months ended March 31 exceeds the revenue for the same period of the precedine vear by £134,891. ,:;[.b .;.' .; 1 ., . : ; -;

Permanent link to this item
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https://paperspast.natlib.govt.nz/newspapers/DOM19100402.2.35

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 3, Issue 781, 2 April 1910, Page 5

Word count
Tapeke kupu
396

REVENUE RETURNS. Dominion, Volume 3, Issue 781, 2 April 1910, Page 5

REVENUE RETURNS. Dominion, Volume 3, Issue 781, 2 April 1910, Page 5

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