Revenue, Spending Up In Britain
LONDON,, April 1
- British revenue for the year ending March 31 reached £1,408,867,097, exceeding the estimate of the Chancellor of the Exchequer by £48,676,097, while expenditure at £3,867,245,670, although 101 millions a day, was £115,879,330 below the estimates. .- Compared with the previous year revenue increased by £208,782,000, and expenditure by £254,922,815. Income tax yielded £523,940,000, an increase of £133,866,000, and an excess over the estimate of £13,440,000. Receipts from stamps fell below the estimate by £550,000, while motor vehicles duties and the post office brought in somewhat more than the estimate.
The average expenditure during the last three months rose to £13,000,000 a day.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NA19410402.2.92
Bibliographic details
Northern Advocate, 2 April 1941, Page 7
Word Count
109Revenue, Spending Up In Britain Northern Advocate, 2 April 1941, Page 7
Using This Item
NZME is the copyright owner for the Northern Advocate. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.