NATIONAL REVENUE

Auckland Star, Volume LXXIV, Issue 183, 4 August 1943, Page 4

NATIONAL REVENUE

TAXATION YIELD UP FIRST QUARTER'S RECEIPTS (PA) WELLINGTON, Tuesday. • Details of the ordinary revenue 1 account of the Consolidated Fund for the three months ended June 30 ' were given to-night by the Minister ' of Finance, Mr. Nash. . ' Following is a comparison of the I revenue and expenditure for the quarter with the figures for the cor- ' responding period last year.— • 1943 19 42 Variation £ £ £ ' „ „ 9 n=!4 000 8,418,000 +636,000 Ixplnd :::::: fflS 6:554,-000 -527,000 Balance +3,027,000 +1,864,000 +1.163,000 ! The amounts collected in taxation » and derived from interest and other i sources are compared with those in ' the first three months of last year : m the following 4 table:- 42 I gffS*■•■:::: *■&« 'MB + i|g ! 153 " SS:SBS 3SS:SSS -=iSS:SSS l '•'.'. 582 000 392,000 + 190.000 SS tak •■ 3.994 000 3,949,000 +45.000 - Miscellaneous .. 68,000 61,000 + '' 000 Taxation .... 7130,000 .7,692.000 +J38.000 TntPtpVt 587,000 480,000 +107,000 5 other receipts . 346.000 +391,000 ' 9,054,000 8,418,000 +636,000 Details of expenditure and com- ; parisons with last year's figures i are:— PERMANENT APPROPRIATIONS 1943 1942 Variation F £ £ £ , Debt service ... 2,224,000 2,193,000 +31,000 i Highways 201,000 201,000 — - Exchance .... — 320.000 —320.000 r ' other 79,000 139,000 —60,000 2,504,000 2,853,000 —349,000 ANNUAL APPROPRIATIONS .... Social 1,852,000 1,937,000 —85,000 Other 1,671,000 1,764,000 —93,000 3,523,000 3,701.000 —178,000 Totals 6,027,000 6,554,000 —527,000 The Minister said the only substantial variation was in the item "other receipts," where a proportionate increase was shown, this being due to profits from the Reserve Bank having been received earlier " i this year.