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SIX MONTHS’ SALES TAX YIELD.

OVER £1,000,000 REALISED. Collections of sales tax in the Dominion for the six months ended September of the current financial year totalled £1,174,266, compared with £1,020,841 in the same period last year. The yield in September was £200,300, against £201,4G6 in August and £172,045 in September, 1934. J The buoyancy of the returns suggests a greatly increased volume of wholesale transactions, the Government Statistician comments. The list of exempted commodities has been extended materially since the tax was instituted, so that the volume of business must have increased to an even greater extent . than indicated by the tax yield.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MH19351109.2.21

Bibliographic details

Manawatu Herald, Volume LV, Issue 4570, 9 November 1935, Page 3

Word Count
104

SIX MONTHS’ SALES TAX YIELD. Manawatu Herald, Volume LV, Issue 4570, 9 November 1935, Page 3

SIX MONTHS’ SALES TAX YIELD. Manawatu Herald, Volume LV, Issue 4570, 9 November 1935, Page 3