BRITAIN’S FINANCES
THE YEAR'S RETURNS BETTER THAN BUDGET ESTIMATE (British Official Wireless.) Press Association— By Telegraph—Copyright, RUGBY, April 1. (Received Ajyril -, at 10.30 a-in.) The Exchequer returns lor tho Jinan* eial year which, ended on hatmda.v show ”a surplus of £18,394.463.wine I compares favourably with Mr Climehill’s Hndget estimate ot L14,00-.,UOi). The latter figure was reduced by concessions during subsequent debates to £« 000,000. The present surplus, v-mi over £4 ,000,000 carried over from tie. previous vear, will 'bo placed to the rating relief suspense account. .1 he death duties have been particularly productive during the ye:ir 5 allc * ® income tax (tbougli not tlio su pci. tax), lias produced more than was estimated. The expenditure Avas also less than aviis anticipated. Tlie 'nation’s revenue exceeded i-eou.-000,000, and the expenditure was a little over £818,000.000.
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Evening Star, Issue 20139, 2 April 1929, Page 8
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133BRITAIN’S FINANCES Evening Star, Issue 20139, 2 April 1929, Page 8
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