RACING RETURNS.
LOW Kit THAN LAST YEAR
DETAILS OF TAXATION
A return which lias been prepared show's flint the totalistor figures for the year which concluded on July 31st. are lower all round than those of the previous year. The lull in gross totali-
sator turnover amounts to about £121,000.
Details of the year’s operations ate as follows. Tiie figures for 102.'i (in parentheses) are given first, and the 102] liguies follow:—.
RACING. Total racing days including Jlunt Cli.’i meetings (228): 221).
Total number of races including trotting races nil Racing Club’s programmes (171)8); 181)7. Amount of stakes including value of trophies (£ lli7.7l)"'; £-114,313. Amount of Government tax paid on stake t (.1(1,091); IMS,IIB. Amount of totalisator investments ( £5.919,(101); £0.817.'j HI.
Amount i f 7} |cr cent retained by i lie’is on tcitalisatc r investments (£•! 12,:»-7.i; £ Ififl,.’SlC. Amount of 21 | cr cent. Government rocciivcd from totalisator tax £117,70o); Cl Jo,lBB. Amount "I dividend tax reteived by Government (£200,091): £201,831. Amount paid in dividends £5,027,829); £1,917.701.
Amount of hip aid iiv.ctic::s retainttl by dubs (£2(1,519); £20.201. Amount of unpaid fractions received by Government (nil); nil.
Amount of unclaimed dividends retained by clubs, no information available. Amount of unclaimed dividends received by Government (nil) ; nil.
TROTTING. Total trotting days (59); GO,
Total trotting races (171); JVB. Amount of stakes including value cl trophies (Cl 17,201); £152,085. Amount of Government tax paid on stakes (£11,071); £13,507. Amount of totalisator investments (Cl .937,791); £1.900.8-13. Amount of 7J per cent, retained by clubs of totalisator investments (£115,331); £113.013.
Amount of 2J per cent. Government received from totalisator tax (£ 18,-14-1): £17,071. Amount of dividend fax received by Government (£87.209); £85,819.
Amount paid in dividends (£1,018.0771; Cl .021.031.
Amount of unpaid fractions retained hv dubs £.8725): £8055.
Amount of unpaid fractions received ■by Government (nil); nil. Amount of unclaimed dividends retained by clubs, no information available.
Amount of unclaimed dividends revived by Government (nil); nil.
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https://paperspast.natlib.govt.nz/newspapers/HOG19240908.2.10
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Hokitika Guardian, 8 September 1924, Page 1
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318RACING RETURNS. Hokitika Guardian, 8 September 1924, Page 1
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