INCOME TAX DEMANDS
EFFECT ON CHRISTMAS CURRENCY. (EHITID rKISB ASSOCIATION—HI r.L«CI*IO tbl*o*aph—coptxmkt.) LONDON, December 4. A feature of the current bank return is an increase in the note issue Of £4,056,771, whereas for the corresponding period last year, which included an extra day. the amount wa double, namely £8,080,000. It is too early to form an opinion of the extent of tho Christmas .currency demands, but appearances indicate the possibility that withdrawals will be restrained in view of the Jan arv income tax demands. Usually from £20,000,000 to £2 000,000 aro withdrawn in the. tew w6eks before Christmas, and retur to the banks in mid-January. ,
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Press, Volume LXVII, Issue 20413, 7 December 1931, Page 9
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105INCOME TAX DEMANDS Press, Volume LXVII, Issue 20413, 7 December 1931, Page 9
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