BRITISH FINANCE
I CONSIDERABLE DEFICIT ; Australian Press Association—United Serylce. (Received Ist October, 2 p.m.) LONDON, 30th September. The six months' Treasury , returns show: —Revenue, £312,425,000, compared with £328,587,000 for. tho last year; expenditure, £388,393,000, compared with £384,757,000, leaving a deficiency of £75,967,000, compared with £56,169,000 last year. The principal decrease is income tax, which dropped by £20,859,000 to £55,231,000, but death duties were unexpectedly buoyant, and yielded £41,750,000, compared with £35,050,000 last year, though the Chancellor anticipated 'a decrease, budgeting for £72,000,000 for the complete year.
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Bibliographic details
Evening Post, Volume CVI, Issue 69, 1 October 1928, Page 10
Word Count
86BRITISH FINANCE Evening Post, Volume CVI, Issue 69, 1 October 1928, Page 10
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