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TAXATION IN BRITAIN.

LARGE AMOUNT YIELDED. (British Official Wireless.) RUGBY, Feb. 20. Exchequer returns for the week ending February 17 reveal income of £10,689,013. Income tax again provided a large percentage of the income, £24,068.000, though there was an appreciable drop of nearly £11,500,000. compared with the previous week. There is still another £85,000.000 to be collected to reach the estimate for the year. The deficit on the year amounts to £170,871,723, against one of £220,820,131 two weeks earlier. Floating debt outstanding is £1,478,G00,000, an increase of £558,290,000 in the fiscal year. Treasury Bills outstanding accounted for £1,131,855,000.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19400222.2.69

Bibliographic details

Manawatu Standard, Volume LX, Issue 72, 22 February 1940, Page 7

Word Count
98

TAXATION IN BRITAIN. Manawatu Standard, Volume LX, Issue 72, 22 February 1940, Page 7

TAXATION IN BRITAIN. Manawatu Standard, Volume LX, Issue 72, 22 February 1940, Page 7

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