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TAXATION GOING UP

SOUTH AUSTRALIAN FINANCES.

(United Press Association.—Copyright.) (Received 3rd November, noom) ADELAIDE, This Day. In the Legislative Assembly, the State Treasurer, Mr. Lionel Hill, in his Budget speech, said that the surplus for 1925-26 was £13,151. / A tarn of £193,000 for railway stores, not paid last year, was carried through for this year. The sinking fund received £236,----000. The estimated surplus for this year on a 14-bushel harvest against a 12----bushel one last year is £5000. Land tax will be increased by 50 per cent., and a super-tax on incomes by 10 per cent, to meet the losses in general revenue, exclusive of railways.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19261103.2.50

Bibliographic details

Evening Post, Volume XCII, Issue 108, 3 November 1926, Page 7

Word Count
106

TAXATION GOING UP Evening Post, Volume XCII, Issue 108, 3 November 1926, Page 7

TAXATION GOING UP Evening Post, Volume XCII, Issue 108, 3 November 1926, Page 7

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