SALES TAX YIELD
INCREASED RETURNS HIGH JULY FIGURE £1,972,583 FOR SEVEN MONTHS Sales tax revenue remains buoyant. The yield in July was £295.664, against £285,738 in June and £278,968 in July, 1937. Receipts during July normally show a decrease compared with the June figure, but the July return this year is the second highest monthly total of the period. It is exceeded only by the record figure of £317,598 for January. , The monthly collections for the first seven months in the past two years to date are:—3038 1937 £ £ January .. .. 317,508* 204,431 February .. .. 230.525 394,624 March .. .. 277,000 200,037 April .. .. 292,281 295,082 Mav .. .. 273,087 300,706 June .. . . 285,738 283,004 July .. • • 205,00-4 278,968 ♦Record The total receipts from sales tax for the first seven months of the year are £1,972,583, against £1,952,632 for the corresponding months of 1937.
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Bibliographic details
New Zealand Herald, Volume LXXV, Issue 23143, 15 September 1938, Page 12
Word Count
134SALES TAX YIELD New Zealand Herald, Volume LXXV, Issue 23143, 15 September 1938, Page 12
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