FIGURES IN DETAIL

Dominion, Volume 26, Issue 220, 13 June 1933, Page 10

FIGURES IN DETAIL

Public Revenue Returns Compared UNEMPLOYMENT ACCOUNT Full details of the public accounts for the financial year ended March 31 appear in a special Gazette issued yesterday. The main features are referred to by the Acting-Prime Minister and Minister of Finance, Rt. Hon J. G. Coates, in his statement published in the adjoining column. The accounts have been audited and the audit certificate stating that they have been examined aud found correct is signed by the Controller and Auditor-General. Col. G. F. C. Campbell. .. With two exceptions the receipts from all taxation sources exceeded the estimates. In the cases of film-hire ■tax and land tax the yield failed to come up to expectations, but even then the difference between the estimates and the actual receipts was very small. Receipts from taxation are as follow, the receipts for the preceding financial year and the estimates for the year just closed being also given

, ■ Yield. Estimates. Yield. 1031-32. 1932-33. 1932-33. £ .£ £ Customs .... 5,004,348 5,700,000 0.131.414 Beer tlutv .. 641.079 640.000 654.227 Film hire' tax 41,207 35,000 30.101 Motor vehicles, censes, etc. 1,814,186 1,610,000 i,680,604 St death duties 2,799,204 2,900.000 2,999,278 Land tax ... 542.128 01.i.000 408.91(1 Income tax . 4,447,814 3,400,000 0,056,m4 Sales tax ... * — 138,2a3 Gold export duty .— * — , f 10,630 ‘N'ot in force. fThese duties did not come into force until near end of financial year. Interest payments amounted to £2,•641,710. Details are as follow, the estimates being in parentheses:—On capital liability, working railways. £850,544 (£740,000) ; Post and Telegraph, £546,000 (£540,000); on the Public Debt Redemption Fund, £620,OS9 (£645,000) ; on other public moneys. £625,077 (£625,000). Other receipts ars as follow, those for the preceding financial year being given for purposes of comparison:— 1931-32 1932-33 Registration and other i - fopy 199.032 JOi.oSO National Endowment • ■ Revenue <9.824 Territorial Revenue .... 153.894 ].>3.BiExternal Affairs Justice 1 <O,-34 Marine 9’1930 131.4<_.» Native 0,519 4,9 <.» Post and Telegraph Dc« ‘ ; partmentai l profits* .. 941.616 -fafi.OOO Printing and stationery 170,529 154.768 Stamp Duties .49,538 40,900 Tourist and Health Resorts SD.DSS GO. ITS From Reserves ....1... 1.494.825 2,500.000 Miscellaneous , 228,693 264,679 Recoveries ou ’ account of expenditure of previous years 4,132 .11,-46 Recoveries on account " of unauthorised expenditure of previous years — 14.1;>1 •Does not inelude profits of the Post Office Savings Bank./which are included under 1 “Miscellaneous.” Debt services amounted to £9,890,014. The principal item .'under this heading was interest, which accounted for £8,408,681. Repayment of the public debt was represented by a sum of £l,201,152. A contribution of-£lOO.OOO was made toward the cost of the Singapore Naval Base. The tax on motor spirits transferred to the Main Highways Account amounted to £644,126, and the tax on spirits paid to boroughs to £08,501. The amount paid in exchange on remittance was £812,451. The Unemployment - Fund -Account shows that the unemployment levy amounted to £429,004, as against £538.503 the previous year. The emergency unemployment charge of a shilling., in the pound realised £3,591.432. This was the main source of the Unemployment Board’s revenue. .. Social services accounted for au expenditure of £6,797,213. The amount expended on defence was £569,921,' as against, £527,648 in the preceding twelve months. The Electoral Department’s expenditure was £5924 as compared with £66,120. The much larger sum in the previous financial year was due to the cost of the last general election.