B—6

The detailed estimates of revenue show that taxation receipts should follow fairly closely the actual receipts for last year. The following sets out the estimated revenue for 1949-50: 1949-50 Estimate. Taxation— £(000) Customs .. .. .. .. .. 19,250 Beer duty .. .. .. .. .. 4,525 Sales-tax .. .. .. .. .. 13,750 Film-hire tax .. .. .. .. .. 190 Highways .. .. .. .. .. 3,880 Stamp duty .. .. .. .. .. 9,616 Land-tax .. .. .. .. .. 900 Income-tax .. .. .. .. 49,000 101,111 Interest .. .. .. .. .. .. 5,712 Profits of trading undertakings .. .. .. 2,175 Departmental receipts .. .. .. .. 12,399 £121,397 The total of permanent appropriations on the expenditure side should approximate that of last year. Annual appropriations, however, show an increase of £7,919,000 over last year's expenditure. While full details will be found in the estimates the following table shows the position for 1949-50 in summarised form: — Estimate, 1949-50 £(000) £(000) Debt services .. .. .. .. 22,365 Other permanent appropriations .. .. 3,305 25,670 Votes— Social security .. .. .. .. 12,000 Other social services .. .. .. 25 ,411 Armed services .. .. .. .. 10,697 Stabilization .. .. .. .. 13,947 Other votes .. .. .. .. 32,995 95,050 Total expenditure .. .. .. £120,720

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