LAND AND INCOME TAX RETURNS.

Wairarapa Daily Times, Volume XIII, Issue 4183, 4 August 1892, Page 3

LAND AND INCOME TAX RETURNS.

fhp Commissioner of Taxes has prepared an exhaustive report on the result of the Land and Income Tax Assessment, which was laid on the table of the House yesterday afternoon by the Colonial Treasurer. The number of valuations made was 208,459; 14,461 were allowed, the remainder being disallowed. In the pose of objections referred to the Boards' of 'Review, reductions were granted in 2011' instances, tho total jlecrease being' £pßlJ4liß in the improved value. The report refers with tlheC to the very little assistance anordpd by local bodies jn the direction of obtaining an accurate assessment, and remarks that a little more assistance by the local bodies would haye been very beneficial in many Instances, and would have been gladly accepted, There were in all 61 Boards of Review, and the total number of dajs on which ihe sat was about 200. With regard to general land valuations, the following table shows tho increase in the North and South Island since 1888:

1888 1891 Increase £' £ £ N, bland 19,607,873 57,441,115 7,833,242 8. Island 61,629,841 64,763,911 3,254,073 Total 111,137,714 122,225,029 11,087,815 The result thus shown, continues M l ' Crombie, is highly satisfactory, and A he SUteF that of this large additional aluey the North' Island'claims nearly !£fejoP9,OO|C the'ibcrease in "the counties being £'6,o"oo,'poo, and in the Wowghs £1,800,000.'' Ip the South ißl'apd themcreaso is 48,000,000, all c&ties. tEhe North Island counties reapb 'a total of £30,256,818/ and those jn theßopth and the Commissioner ssjp'it appears pro* bab)e that by ISP4 ilio No.rth' Island will have reachifl a total land value pearly equal to that of the South Island, ■ The u-iiilt of. the assessment in the four large centres is as follows] UnimImproved Improve- proved Value, ments. Value. .£ £ £ AnckUnd 4,934,288 2,463,472 2,471,496 "Wellington 6,865,778 2,432,749 8,440,182 .Clrirtchurch 3,403,560 Danedin 4,193,422 2,069,905 2,124,467 In considering these figures it must be remembered that Wellington has no pppulbuß and valuable boroughs close tq it, as other cities