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BRITISH FINANCES

REVENUE AND EXPENDITURE

(British Official Wireless.)

RUGBY, January 14.

Exchequer returns show that the total ordinary revenue, excluding selfbalancing items, amounts to £479,607----050, compared with £459,076,406 at the corresponding date of last year.

Receipts from income tax are £97,713,000, compared with £94,482,000 for the same period of the last financial year. The returns cover the second week of the last quarter of the financial year, in which the collection of income tax is heaviest, and receipts for the week were £13,390,000 against £12,537,000 in the corresponding week of 1035. Receipts from surtax were also higher than in the same week of last financial year, though to date they amount to £16,190,000, compared with £19,245,000 in 1935. Estate duties have yielded £06,950,000 to date, against £67,815,0()0 last year, and the Budget estimate for the whole year cf £80,000,000. Revenue, from Customs and excise is £239,575,000, compared >vith £229,590,000 at this time last year.

The total ordinary expenditure is £578,022,064, compared with £553,158,----191 at the corresponding date of 1935.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19360116.2.62

Bibliographic details

Evening Post, Issue 13, 16 January 1936, Page 11

Word Count
169

BRITISH FINANCES Evening Post, Issue 13, 16 January 1936, Page 11

BRITISH FINANCES Evening Post, Issue 13, 16 January 1936, Page 11