BUDGET SURPLUS
MINISTER'S OPINION
REVENUE AND ESTIMATES
■ .T ' ■ »(By Telegraph—Press Association.) AUCKLAND, February 16,
The possibility of a slight surplus in" the Budget was revealed today by the Minister of Finance (the Hon. W,i Nash). ■ !
TJie Minister said income tax was expected/to produce a little less than, the Budget estimate of £9,500,500, but revenue from Customs duty, sales tax, and beer duty was likely to exceed the estimates. Mr. Nash said he did not consider the effects of the import control system would be app'arent-to any considerable ex-tent in the current quarter. They would, however, operate throughout the coming financial year. The Minister forecast an earlier Budget than usual this year, probably about mid-July. Parliament was expected to assemble in June.
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Bibliographic details
Evening Post, Volume CXXVII, Issue 40, 17 February 1939, Page 8
Word Count
121BUDGET SURPLUS Evening Post, Volume CXXVII, Issue 40, 17 February 1939, Page 8
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