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ALL-ROUND DECREASE SHOWN

Customs Revenue WELLINGTON FIGURES FOR 10 MONTHS Net Customs revenue collected at the port of Wellington last month shows a substantial decrease compared with January, 1940. Decreases are also shown under al) other heads. For the 10 months of lite current financial year decreases are also shown under all heads excepting beer duty. Tlie figures under all beads for the 10 months of the current financial year compare ns follows with these for tin? same months.of the 1939-40 year: —

increased by £7961. Net Customs and War Tax. Net Customs revenue collected last month amounted to £220.632 compared with £284.746 in January. 1940. a decrease of £64.114. War tax under its four separate heads totalled £123.418 compared with £26,(180 in January. 1940. Sales Tax and Beer Duty. Collections of sales tax in Wellington last month amounted to £95,412 compared with £102.792 in January. 19-10. a decrease of £7380. Beer duty collections last month amounted to £.8533 against £11,1.87 in January. 1940. a decrease of £2354. Motor Spirit and Tyre Tax. The duty collected on motor spirit in Wellington last month totalled £35.021 at (id. a gallon, compared with £59,087 at 6d. a gallon in January, 1910. a decrease of £24.066. Collections of tyre tax last month amounted to £522 against £1502 in January, 1940, a decrease of £9*o. PORT OF OTAGO (By Telegraph—Press Association.) DUNEDIN. January 31. ■With the exception of sales tax and the war expenses account. Customs returns for January at the port of Otago show an all-round drop. Customs dutv itself at. £->0.293 is £B5OO Jess than the total for the corresponding month last year. Beer duty shows a decline of nearly £BOOO. Sales tax at £32.253 is £4OO greater than the total for January last year. The figures in the war expenses account, £42.14;>, show an increase of nearly £30,000. This is not a true comparison, as last month's figures include £32,0011 sales tax which was not added last year till August. The detailed figures are:— Customs duty —January, 1941, £50.293 ; January, 1940. £58,839. Beer duty: £37.666 (£45.369). Sales tax: £32.253 (£31,853). War expenses account: £12.145 (£12.304). Gold tax: £1471 (1'17'52). Tyre tax: £230 (£537). Petrol tax : £14,698 (£21,326). Miscellaneons : £1857 (£2118). Total: £180.605 (£174,100).

Ton Months. 1940-41. 1939-40. T £ Net Customs .. 2,695.875 2.938.423 Salos tax . . .. 1,030,487 1,137.896 Motor spirit .. 324.540 4-13.145 Tv re tax .. 15,151 16,184 Beer excise 89.401 81,440 War tax— Customs . 324.279 102.110 Sales tax .. 569.169 — 13.348 1,601 Gold .... 178 o Net Customs revenue for the 10 mouths show s a decrease of £212,548. Sales tax has declined by £107.409. motor spirit tax is down by £118.605, and tyre tax by £1033. Beer duty has

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Bibliographic details

Dominion, Volume 34, Issue 109, 1 February 1941, Page 7

Word Count
444

ALL-ROUND DECREASE SHOWN Dominion, Volume 34, Issue 109, 1 February 1941, Page 7

ALL-ROUND DECREASE SHOWN Dominion, Volume 34, Issue 109, 1 February 1941, Page 7

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