PATRIOTIC FUNDS
LEVY ON TOTALISATOR RECEIPTS. A DUNEDIN SUGGESTION. (By Telegraph—Press Association.) . DUNEDIN, November 16. The suggestion that the patriotic funds might be assisted by the levying of an additional 5 per cent on totalisator receipts at race meetings was placed before the Otago Provincial Patriotic Council at its monthly meeting by Mr W. P. Hartstonge, Mayor of Mosgiel. It was decided that the suggestion should be forwarded to the national secretary for consideration at a conference to be held in Wellington next week.
Mr Hartstonge said that as each year passed the achievement of the district quotas became increasingly difficult. For the year ended July 31, 1943, the totalisator tax collected in New Zealand amounted to £433,000, which represented the Government’s tax of approximately 8J per cent on the turnover. He suggested that this tax should be increased by another 5 per cent, which would, he considered, bring in an additional £450,000 next year if the totalisator returns continued to increase as they had done in the past.
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Wairarapa Times-Age, 17 November 1943, Page 3
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169PATRIOTIC FUNDS Wairarapa Times-Age, 17 November 1943, Page 3
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