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STATE OF EXCHEQUER

YEAR NEARLY OVER

CUSTOMS EXCEED ESTIMATE

(British Official Wireless.) . (Received March 14, 1.10 a.m.) RUGBY, March 13. With three weeks of the financial year to go the Exchequer returns show that the total ordinary revenue amounts to £974,480,480, compared with the revised war Budget estimate of £995*180,000 and with £859,731,074 at the corresponding date last year. .. The yield of. Customs revenue already exceeds the estimate of -£239,600,000 by ■ , £5,155,000. Receipts from income tax total £363,559,000, compared with £390,000,000 estimated ~. in the Budget and £309,858,000 a year ago. The total expenditure, less self-bal-l encirig -items, is £1,160,863,311, as against £883,536,086 at the correspond- .-. ing date last year. The estimated total" expenditure was £1,431,127,000. The floating debt outstanding is £2,506,665,000, an increase of £586,355,000: since the beginning of the 1 financial year and of £606,480,000 since the corresponding date in 1939.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19400314.2.86.2

Bibliographic details

Evening Post, Volume CXXIX, Issue 63, 14 March 1940, Page 12

Word Count
142

STATE OF EXCHEQUER Evening Post, Volume CXXIX, Issue 63, 14 March 1940, Page 12

STATE OF EXCHEQUER Evening Post, Volume CXXIX, Issue 63, 14 March 1940, Page 12

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