TAXATION INCREASED.
LAST YEAR'S COLLECTIONS.
AVERAGE LEVY OF OVER £l2
MOTORS PAY £1,243,000.
A preliminary rolnrn of revenue from taxation in the last financial year lias been compiled by the Government Statistician, the results being shown in comparison with (ho. final figures for preceding years, as follows:
1927. 192f1. tn->9. Customs £8.'201.171 £7,8!)1.i;2t £7,951,252 llocr ilillv (i21.H13 IVID.IV*I r,11.481 Lund tux . 1,22!>,0(i7 1.151,17!) 1.110,321 Income tux 122,211! .'1,27:1,720 3,310,877 Death duties 1.0'J0.371 1.8'.)!).:!70 1.007.000 Bank composition 201,01:) 105,1)01 191.221 Duty on instruments 100,527 <128,805 138,a00 Totalisnfor tuxes . . 58iJ,12 l . 5G7.890 5C0.J00 Amusements tax ... 03,5:5 G3.1G5 GO.bOO Motor veiii- , cles tnxation 58G,37'2 /10,1<7 aX 311.095 311,081 335.000
Totals £ 17,137,821 £17.115,11") £17.833.1:15
Of the amount shown under the heading of motor vehicles taxation for 1928-29 approximately £BOO,OOO represents proceeds of motor spirit taxation, £200,000 tyro tax, and £240,000 fees, etc., under the Motor Vehicles Act. In tho por.tion of 1927-28 during which the petrol tax was in force, the yield from this source amounted to £143,516.
'l he proceeds of motor taxation are paid to the Main Highways Hoard, except that portion of tho petrol tax allocated to boroughs. Excluding this special taxation, tho total of general taxes in 1928-29 was £16,589,558, as compared with £16,428,668 in 1927-28, and £16,851,455 in 1926-27.
The Statistician's report states that the total taxation was equivalent to £l2 4s 4d per head cf t lie mean population including -Maoris, as compared with .Cll 17s 7d in tho previous year, and £l2 5s 6d in 1926-27.
The per capita charge exceeded £l2 for the,first time in 1919-20, when it was £l3 lis Id, and reached the abnormal level of £l7 14s 4d in tho following year. It has been less than £l2 since then only in 1922-23 and 1927-28.
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Bibliographic details
New Zealand Herald, Volume LXVI, Issue 20303, 10 July 1929, Page 12
Word Count
292TAXATION INCREASED. New Zealand Herald, Volume LXVI, Issue 20303, 10 July 1929, Page 12
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