Public Accounts Total Receipts Up By £1.4 Million
<A>eu> Pies& AsttucuiUunj WELLINGTON, August 1. A fall in Customs duties the result ot the lower level of imports was the chief feature of the Public Accounts for the first quarter of the present financial year, which were released tonight by the Minister of Finance (Mr Lake).
It was expected that Customs receipts would recover later in the vear with the new licensing schedule in -Deration said Mr Lake Total receipts into the Con■wtlidated Fund and Social Security Fund were £1.4 million up on the same period lasi vear A summary ot the two main accounts, tht Consolidated Fund and the Social Security Fund is:—
Receipts June 1961 £m Quarter Erdeo S962 JEm Customs 79 93 Beer duty 33 2.9 Seles tax • 42 4.1 Estate. racing
stamp duties 4.2 4.6 Income tax, including Social Secur. ity income tax 24.2 28.1 Other taxes )6 0 1 Other receipts 1’2 II.) Totals 61 <6 602 Payments £>ebt services 10 5 12 6 Stabilisation subsidie. 4 0 45 Liefence 4.1 4 0 Social services (Consolidated Fund) 25.1 21.1 Social services (Social Security Fund) General adminis?L1 20.1 tration 15,U 12.7 Totals 7941 754
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Press, Volume CI, Issue 29890, 2 August 1962, Page 14
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197Public Accounts Total Receipts Up By £1.4 Million Press, Volume CI, Issue 29890, 2 August 1962, Page 14
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