BRITAIN'S FINANCES.
DECREASES IN REVENUE AND EXPENDITURE. HUGE DEFICIT FOR NINE MONTHS. (By Cable—Proas Aesocktlont—Copyright.) (Australian mhl N.2a Gablo Association.) (Received January 2nd, 7.5 p.m.) LONDON, December 81. The revenue for the last nine months was £676,831,000, and the expenditure £739,990.000, leaving a deficit of £63,159,000. The revenue decreased by £211,972,000, and the expenditure decreased by £102,699,000. The chief decrease in revenue was in stamps £7,420,000; Customs duties, £2,848,000; excess profits duty (which is inoperative except for arrears), £126,640,000. The chief increases in revenue were: Income tax, £16,818,000; corporation profits tax. £192,900,000.
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Bibliographic details
Press, Volume LVIII, Issue 17343, 3 January 1922, Page 8
Word Count
92BRITAIN'S FINANCES. Press, Volume LVIII, Issue 17343, 3 January 1922, Page 8
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