REVENUE DECREASE.
BRITISH RETURNS, LOSS OF- £610,548 ON LAST QUARTER,; s "\ INCREASE IN STAMPS/ ; (BY TELEGRAPH— PRESS ASSOCIVTIOIt—COFVIIIO|tX.) London, January J.. : f The British revenue returns for tlio iju.ar- '% tor October 1 tg December 31. are- as. Imf dor:— . ■'. - ":■■".■ . . • £ . , '. -:.i. ■■■' ■■■ £ v l Customs ... ..;. .■■:•;..' 7,G36,QG0 ";;>;; l Excise .., ... ... ■ ! Stamps ... : ,,. ' ... 2,060,000'. " ' '' Total Revenue ..'. ■ 33,250,000 '-'■ j NINE MONTHS' SHORTAGE, ' '< 1 • The above figures indicate that,- -for;..the } three-fourths to date of the current financial ] year, the British revenue has decreased by j .£5,029,230, as compared with April J to Deoember 81 of 1907. The first quarter of the cur- ' rent year (April 1 to Jnue 30) showed a decrease 1 of £2,337,389; the second quarter (July l> to , September 30) showed a' deorease of ; ; the third shows a decrease of 4010,518.' The rate i of decrease, therefore, shows a.marked ■ modification in the quarter just completed, But the aggregate shortage for the nine months, • ■£5,029,230, is considerably moro than Half the total estimated annual cost of the new old age pensions, ,£8,060,000. No wonder the Chancollor of tho Exchequer : is worried. •'•:'-m /■-■■' The figures for. the December quarter just concluded, and for theDeoember quartet of last year, compare as under:— . ..„..,, .j :, . , 1907-03. 1908-09/" 'Decrease' Oct. 1 to Oct 1 to in . Deo, 31. "I' Dec,. 31. 1908-09. . . £ ■■■'■' £ ■:■■■' ■-£ ■■■■■ Customs 1 ... 8,383,000; t - 7,036,000 ; .947,000 Excise ~.10,720,000' 10,170,000 550,000 Stamps ... 2,010,000- - 2,060,000,,-,. 50,000», . Total revenue 33,8GG,5i8 33,256,000" 010,518 - . . .^lncrease. The figures for the nine months to date_ of the current year, and. for the corresponding period of last'year, compare as under:— 1907-08. ■••Deorease.' ; April Ito April Ito '. in. .-.. , ' Dec. 81. " DeoV'Slv--190849.- ' £ £ ',■-■ £ Customs . „•. 24,730,000 21,669,000 8,051,000 Excise ...'26,850,000 25,fi50,000 .1,170,000 Stamps ... .6,000,000 5,740,000 ■ 260,00.0. Total IBY6OTO 97,897,850 82,8te,620 ', 5,029,230'
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Bibliographic details
Dominion, Volume 2, Issue 396, 4 January 1909, Page 5
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280REVENUE DECREASE. Dominion, Volume 2, Issue 396, 4 January 1909, Page 5
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