EXCHEQUER RETURN
RECEIPTS LESS, EXPENDITURE MORE
By Telegraph—Press Association —Copyright.
LONDON, October 11
The. Exchequer returns show that total ordinary revenue amounts to £324,612,657, compared with £328,173,682 at the corresponding date of last year.
The yield of income tax is £63,073,000, as against £61,505,000 a year ago, and of surtax £8,710.000, as against £6,900,000; , but estates duties have brought in only £38,960.000. as against £48,730,000 a year ago. Receipts from Ihe national defence contribution are £7,250,000.
Both Customs and excise have yielded slightly more than last year at a combined total of £175,380,000. Total-expenditure, less sell-balancing items, is (£509,529,040, compared with £440,553,618 at the corresponding date of 1937.
nS> e,„r! patmg' debt stands at £953,425,000, which represents a net increase of £111,670,000 since the beginning of the financial year, and compares with £923,330,000 a year ago.
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Bibliographic details
Evening Post, Volume CXXVI, Issue 90, 13 October 1938, Page 12
Word Count
136EXCHEQUER RETURN Evening Post, Volume CXXVI, Issue 90, 13 October 1938, Page 12
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