BUOYANT REVENUE.

Auckland Star, Volume LIV, Issue 295, 11 December 1923, Page 12

BUOYANT REVENUE.

EIGHT MONTHS' FIGURES.

INCREASE OF £1,052,000. LAND TAX SHOWS A DECREASE. (By Telegraph.— Preie Association.) WELLINGTON, Monday. The Hon. W. Downie Stewart, actingWiniater for Finance, issued the following statement of the Dominion's revenue and expenditure for the eight months ending November 30, showing a net improvement in the position as compared with the corresponding period of last year of £1,196,800. The revenue for eight months totalled £14,916,074 against £13,5e3,049 for the same period of the previous financial year, a net increase of 1,052,525. The principal items of revenue, the increase shown in parenthesis, are: — Customs, £4,683.071 (£1,080,416); beer duty, £377,800 ( £5317): stamp and death duties, £2,180,763 ( £12,910); post and telegraphs, £1,755,359! ( £98,069); income tax. £517,518 (£102,608); railways, £4,025,575 (£143,----918); registration and other fees, £110,521 {£ 16,905); marine £53,64 i •£22,069); land tax collected amounted to £493,806, or the comparative decrease of £16S,5CS, with further receipts to come.

The expenditure amounted to £15,----615,329 as compared with £15,759,613 for the corresponding period last year, thus showing a net decrease of £114,----254. Increases and decreases are evenly distributed throughout the different votes, except that the working railway department chows a decrease of £397,----039, as compared with last year , * figures. The figures are as follow:— Eight Months. Increase. Customs f 1,093,071 £1,080,416 Beer duty 377,860 5.317 Stamp and death duties 2.180.763 12,010 Post and Telegraph.. 1,755,359 08,060 Income tax 517,518 192,60.8 Railways 4,025,573 143,018 Registration and other feees 110,521 18,005 Marine 53,641 22,089