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N.S.W. FINANCES.

TAXATION RELIEF PROMISED. fJSITED PSESS ASSOCIATION— BT ELECTRIC TEt-BGRAPH—COPYRIGHT.) SYDNEY, July 9. A surplus of £580,000 on the Consolidated Revenue Fund was disclosed in the financial statement issued by the Assistant-State Treasurer, Mr Bertram Stevens. Taxation relief is promised. The railways showed a deficit of £1,200,000, but the receipts exceeded last year's figures by £300,200. The increased powers given to the Tax Commissioner resulted in £250,000 extra being collected from those who attempted to evade taxes. A reduction of harbour dues is liktily, as the Harbour Trust showed a surplus of £115,000 for the year.—Australian Press Association.

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https://paperspast.natlib.govt.nz/newspapers/CHP19290710.2.90

Bibliographic details

Press, Volume LXV, Issue 19667, 10 July 1929, Page 10

Word Count
99

N.S.W. FINANCES. Press, Volume LXV, Issue 19667, 10 July 1929, Page 10

N.S.W. FINANCES. Press, Volume LXV, Issue 19667, 10 July 1929, Page 10