Eire’s Taxes Go Up
HIGH BORROWING CHARGES United Press Association.—By Electric Telegraph.—Copyright. DUBLIN, May 10. In tho Dail to-day the Minister of Finance (Mr. Sean McEntee) introduced the Eire Budget. There is £1,169,000 in fresh taxation and the increases are: Income tax, by Is to 5s 6d in the £; petrol tax, of 2d; surtax, 10 to 15 per cent, according to incomes; tobacco duty, Sd a lb. The estimated revenue is £32,522,000 leaving a surplus of £II,OOO. Other figures of the Budget show a deficit of £527,000; revenue, £31,884,000; and expenditure, £33,110,000, of which £695,500 is chargeable to borrowing, the highest since Eire became self-govorn-ing.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MT19390512.2.88
Bibliographic details
Manawatu Times, Volume 64, Issue 110, 12 May 1939, Page 7
Word Count
105Eire’s Taxes Go Up Manawatu Times, Volume 64, Issue 110, 12 May 1939, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in