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EXCESS WAR PROFITS TAX.

UNWER THE ESTIMATE

(Received April 5, 2.5 p.m.) LONDON. April 4

A -Whito Paper reveals that the excess profits tax yielded £140,000, against an estimated yield of £6.000,000. The total taxation for 191"-16 yielded £290,088,000, Vhich is £24,411,000 over the estimate.:. During the roar £160,428,000 was repaid "to the Bank of. England, /and Exchequer bonds' ; ; $o the amount of £L 0 395,000 were redeemed. Tlie estimated current -year's civil service reductionsare, £3,524,000.. ... . \

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MEX19160405.2.40.8

Bibliographic details

Marlborough Express, Volume L, Issue 81, 5 April 1916, Page 8

Word Count
76

EXCESS WAR PROFITS TAX. Marlborough Express, Volume L, Issue 81, 5 April 1916, Page 8

EXCESS WAR PROFITS TAX. Marlborough Express, Volume L, Issue 81, 5 April 1916, Page 8

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