GRADUATED LAND-TAX.

Manawatu Herald, Volume XXIX, Issue 3774, 24 September 1907, Page 3

GRADUATED LAND-TAX.

Losses Through Subdivision of Estates. Some figures regarding the revenue received from the present landtax which were quoted by the Premier in his speech on the Land and Income Assessment Bill on Wednesday night were laid on the table of the House of Representatives in the form'of a printed return on Friday. The return shows that the total amount received in land-tax during the last financial year was £447,342. Of this amount, ,£3x7,178 was paid as ordinary tax, ,£125,929 as graduated tax and £4237 as absentee tax. For the previous year the total received was £385,755- amount received during 1892-93 (the first year of the operation of the tax) was £297,181. The loss of graduated land-tax in various counties caused by the subdivision of estates among relatives of owners for the last twelve years (1895-96 to 1906-7) is given as follows (shillings and pence omitted):—Bruce £ll3B, Kiwitea £74, Kairanga ,£253, Featherston ,£2261, Kaikoura £837, Hawke’s Bay ,£822, Hobson £32, Amuri £203, Akaroa £794, Patangata £7514, Weber £23, Cheviot £llO3, Ashburton £1329, Waipawa £1678, Cook £2OB, Ashley £205, Mackenzie £332, Masterton £5533- Cashpoint £234, Wairarapa South £IO4B ; total £28,186. The loss through subdivision for each of the years 1895-96 to 1906-7 was as follows —: 1895-96, £137; 1896-97, £163; 1897-98, £163 ; 1.898-99, £2BB ; 1899-1900, £333 : 1900- 1 . £453. 1901-2, £515; 1902-3, £764; 1903-4 £1603; 1904-5. £4730: 1905-6, £7377: 1 9 0 6-7« £ ii ,655 ; total. £28.186.