BUDGET PROSPECTS.
SLIGHT SURPLUS POSSIBLE. Per Press Association. AUCKLAND. Feb. 16. The possibility of a slight surplus in the Budget was revealed to-day by the Minister of Finance (Hon. W. Nash). The Minister said income tax was expected to produce a little less than the Budget estimate of £9,500,500, but revenue from Customs duty, sales tax .and beer duty wa6 likely to exceed the estimates. Mr Nash said he did not consider the effects of the import control system would be apparent to any considerate extent in the current quarter. They would, however, operate throughout the coming financial year.
The 1 Minister forecast an earlier Budget than usual this year, probably about mid-July. Parliament was expected to assemble in June.
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Bibliographic details
Manawatu Standard, Volume LIX, Issue 68, 17 February 1939, Page 7
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120BUDGET PROSPECTS. Manawatu Standard, Volume LIX, Issue 68, 17 February 1939, Page 7
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