BUOYANT REVENUE
BRITISH ACCOUNTS
BIG INCREASE SHOWN
INCOME TAX UP
(British Official Wireless.) (Received December 28, 11 a.m.) RUGBY, December 27. British Exchequer returns show that the total ordinary revenue, excluding self-balancing items, amounts to £423,675,470, compared with £404,064,----177 at the corresponding date last year. The total ordinary expenditure, exclusive of self-balancing items, is £563,683,701, compared with £512,985,----085 at the corresponding date last year. There is now only one week of the third quarter of the financial year to go, and financial writers comment on the encouraging revenue position, as it is in the last quarter of the year that the inflow of revenue is greatest. Receipts for the week ended December 21 were swollen by an exceptionally large payment on account of estate duty, and the total receipts under this head for the financial year to date are £63,410,000, •as compared with £58,515,000 for the same period of the previous financial year. Among other revenue items, income tax has yielded £75,618,000, or over £4,000,000 more than for the same period of last year, and Customs and excise £227,355,000, or an increase of nearly £9,000,000 compared with last year.
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https://paperspast.natlib.govt.nz/newspapers/EP19351228.2.72
Bibliographic details
Evening Post, Volume CXX, Issue 155, 28 December 1935, Page 11
Word Count
189BUOYANT REVENUE Evening Post, Volume CXX, Issue 155, 28 December 1935, Page 11
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