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BRITISH FINANCES

REVENUE SHORT OF THE

ESTIMATE

LONDON, March 23,

The financial year ends at midnight on Friday. Up to last Saturday total ordinary revenue amounted to £906,108,619. This was an increase of nearly £48,000,000 on that of a year ago, but was still £38,500,000 short of the Budget estimate.

The principal source in which the revenue has fallen short of the estimates is death duties, which so far have yielded £76,140,000, compared with £78,780,000 a year ago and the estimate of £88,000,000.

Total expenditure, less self-balancink items and sinking funds, is £917,109,922, compared with £826,408,061 a year ago.

The ordinary expenditure also looks like being less than the total budgeted for and provided for by supplementary estimates, which total £951,725,000.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19390330.2.51

Bibliographic details

Evening Post, Volume CXXVII, Issue 75, 30 March 1939, Page 9

Word Count
121

BRITISH FINANCES Evening Post, Volume CXXVII, Issue 75, 30 March 1939, Page 9

BRITISH FINANCES Evening Post, Volume CXXVII, Issue 75, 30 March 1939, Page 9