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BUOYANT REVENUE

POSITION IN BRITAIN. THE EXCHEQUER RETURNS. COMPARISON WITH LAST YEAR. (United Press Association—By Electric Telegraph—Copyright.) (British Official Wireless.) (>Received August 18, 11.35 a.m. RUGBY, Aug. 17. Tho buoyant revenue is a continued feature of tho Exchequer returns. The total ordinary revenue amounts to £228,052,063, compared with £219,016,519 at tho corresponding date last year. The income tax at £39,074,000 has yielded £4,709,000 more so far this year.

The growth of overseas trade raised the receipts by over £5,000,000 to £81,713,000. The total expenditure, less self-balancing items, is £310,346,643, compared with £293,517,639 at the corresponding date of 1936. Over £2,000,000 of the increase is duo to the higher cost, interest and management of the National Debt. !'

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19370818.2.75

Bibliographic details

Manawatu Standard, Volume LVII, Issue 221, 18 August 1937, Page 9

Word Count
116

BUOYANT REVENUE Manawatu Standard, Volume LVII, Issue 221, 18 August 1937, Page 9

BUOYANT REVENUE Manawatu Standard, Volume LVII, Issue 221, 18 August 1937, Page 9

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