DOMINION TAXATION

Evening Post, Volume CIV, Issue 2, 3 July 1922, Page 6

DOMINION TAXATION

A FALL OF SIX MILLIONS INCOME,

The abstract of statistics for Juoe contains details of revenue from taxation for the yo*r ended 31st March, 1922. ' The figures of revenue froiri taxation for the year ended 31st March, 1922, compare as follow with those for the two preceding financial ye»rs:— Revenue for 'Year ondetj 1 \ 31sfc March, Heading. ' 1920, 1921. 1922. £ £ £ Customs'.;. 4,830,325 8,408,726 5,095,436 Beer duty 355,403 360,525 453,898 , Land tax ... 1,557,903 1.688,979 1,637,815 '■ Income tax 6,369,765 8;248,945 6,002,987 Death duties 978,095 J,106,825 1,504,55 a Banks 212,626 236,712 227,088 ToUlisa^or 413,654 497,961 518,740 .Amusement 68,065. 79,921 107,385 Other taxation ..:.... 1,465,933 1,555,720 812,030 , Totals 16,251,769 22,184,414 16,364,902 - Taxation por head of mean population; : 1920. 1921. 1922. £ 8. d. £ a. d. £ s. cU Excluding Maoris 14 2 9 18 .9 0 13 5 5 Inoluding Maoris 13 11 1 17 14 4. 12 14 3 The Government Statistician remarks: "The effect of tho abnormal volume of; imports in the year ended 3]st March, 1921, is very apparent, more than half of the excess of nearly £6,000,000 over each of the neighbouring- years i being due to this factor. Income-tax collections for 1920-21 were also much. higher than .in the preceding and following years,1 which incidentally since show similar results, not only in the aggregate, but also in the two principal items."