NINE MONTHS' REVENUE

Dominion, Volume 7, Issue 1954, 10 January 1914, Page 6

NINE MONTHS' REVENUE

INCREASE OF £152,000. STATEMENT BY HON. .T. ALLEN. S/Sj? (BSrjTclcEraßh J-ProM r Associitloß.iJ/' S Ounedln, J immn 9 k vlf T6-dnyS'a ■ rGpoi lc-r was informed by .the .Hon/'.las-.V Alk-n/ : Minister ol' Finance;:' that. the approximate revenue returns"for tlio'.muc months ended :De-. cember^ill.: worn •'• very satisfactory. • '.'There ■ lias beeri. considerable improve-' ment . in ' rcvemioin • tho; la.'.t few. week." The' 3VI inistcr: added havfc. jio doubt now that the.Customs will oxcced.'.tho Estimates for - the. yeai.' '■ 'As • far as I can gee, there is every likoli'liood that tho' income t-ax.rWill also ex-, cced 'the Estimate for' the' year.:. For ,1110 simo months ended December the -.income ..is a good' deal' higher than in ■ tho "corresponding ' period in tho. prei.vious. year.l'ost and telegraph'revenuo improved slightly in the last, .month of tho quarter ended December.' . for the opening months of tho year the-re-turns indicated a falling off, but things havo picked up again, and now show an • advance,, i.,. ■ Land .tax " hasrealised: :£-i7,000."m0f0, and beer duty is about ■tho" same. l : The revenuo from railways has not, so far, come up to the estimate. Registration and other fees are higher,marine returns arc about tlic same, and miscellaneous is £18,000 more. ■ 'Territorial revenuo shows,, a. decrease ;of. £52,000, but that is explainable'' because the present, Government.pays.the. revenue derived from land sales into tlio Land for Settlements Account. <.* National endowment revenue shows an increase of about £13,000. Tho increase of revenue for tho nine months is about £102,000, ■ not including ■ territorial revenue from land Bales. If that revenue were included, tho total - increase would bo about £200,000." ? Tho Hon. Mr. Allen said tho details of ex-; pemJituro had not reaehod him vet, but !io expects them in the course of a few days. ' '■ytf'i?'''