FEDERAL FINANCE.
Sales Tax , Expected to Yield
£5,000,000.
BIG EXCISE FALLING OFT.,
(Heceived 10.30 a.m.)
MELBOURNE, this day.
The acting-Prime Minister, Mr. J. E. Fenton, announced that the sales tax which was expected to yield £5,000,000 during the current financial year has proved to be a satisfactory source of revenue to the Federal Government and the return would be as gre- as had been anticipated. He admitted, however, that the Customs and excise duties up to to-day disclosed a leeway of approximately £3,000,000.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19300925.2.55
Bibliographic details
Auckland Star, Volume LXI, Issue 227, 25 September 1930, Page 7
Word Count
83FEDERAL FINANCE. Auckland Star, Volume LXI, Issue 227, 25 September 1930, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.