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CUSTOMS DUTY

DROP IN REVENUE

COLLECTIONS FOR MAY

Customs revenue at Wellington for the month of May reflects the overseas shipping restrictions, there being a drop of more than £6000 in the general revenue, compared with the previous month. For the first two months of the current financial year, the drop was £103,629, compared with the corresponding period last year. Compared with April, sales tax, beer duty, and motor spirits tax showed a decline, but tyre tax was more productive. For the two months of the financial year, however, beer duty and tyre tax were higher, and motor spirits tax was slightly lower. The following tables, which were supplied by the Customs Department today, summarise the position:— Returns for May. 1041. 1940. £ , £ Customs 295,482 365.559 Sales tax 96.633 114,575 Boer (>.534 . 7.163 Alotor spirit "36,735 40.5(57 iTyics 3,630 1,470 War tax — Customs 31,009 41,482 Sales tax 96,(U1 — Boer 978 1,021 Gold — 4° For Two Months of Financial Year. £ £ Customs 544,018 647,647 Sales tax 190,615 216.52S B OIT 19,350 17,150 Motor spirit 77,448 79,034 Tyres 5,252 3,227 War tax — i Customs 62.228 73,713 Sales tax 190,614 — Beer 2,702 2,447 Gold — 40 AUCKLAND CUSTOMS DOWN (P.A.) AUCKLAND, This Day. The Customs receipts at Auckland for May totalled £237,546, comparad with £317,166 the previous May. Beer excise yielded £23,474, compared with £23,203. Sales tax was £104,247, compared with the record for May last year of £111,807, and collections for the first five months of this year are £464,475, compared with £451.782. The Customs revenue for the first five months is £1,173,314, compared with £1,413,965. ;

Under the heading war expenses ac count, £119,599 was collected in May. The total for five months is £540,689.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19410531.2.130

Bibliographic details

Evening Post, Volume CXXXI, Issue 127, 31 May 1941, Page 11

Word Count
280

CUSTOMS DUTY Evening Post, Volume CXXXI, Issue 127, 31 May 1941, Page 11

CUSTOMS DUTY Evening Post, Volume CXXXI, Issue 127, 31 May 1941, Page 11

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