DOMINION FINANCE.

Taranaki Daily News, 24 May 1918, Page 5

DOMINION FINANCE.

LAST YEAR'S FIGURES. , By Telegraph.—nPress Association. '. Wellington, Last Night. Details of receipts and expenditure under the consolidated fund for the past financial year were published in this week's Gazette. The Finance Minister, on April 30, intimated that there was n surplus of revenue over expenditure for the year of five millions. Comparative figures, with the figures of the previous year are as follow: OBMNAKY REVENUE. 1916-1T 1917-111 Customs 3,249,674 3,364,308 Stamp and Death Duties 1,999,035 1,892,014 l'ost and Telegraph ... 1,815,557 1,836,255 Land Tax 713,118 1,385,708 Income Tax 4,262,125 5,619,560 Beer Duty 187,953 237,075 Railways 4,836,275 4,668,223 Registration fees 108,044 101,249 Marine 43,741 38,052 Miscellaneous ....... 518,062 718,336 £18,033,589 £19,860,833 The expenditure under permanent appropriations increased from £0,095,355 in 1016-17 to £6,688,810 in 1917-18. The principal items were interest and sinking funds, which increased from £4,014,791 to £4,430,779; war pensions, from £180,165 to £815,383; and old age pensions, from £453,085 to £612,463. Expenditure over the annual appropriations for the end of the two years showed an increase of nearly half a million.