BRITAIN'S FINANCES
DEFICIT FOR THE YEAR (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, March 31. The deficit for the financial year ended to-night totals £23,275,971. The revenue was £13,550,025 below the estimate, and the expenditure £11,961,946 above it. The deficit is partly set off by sinking fund payments, which were £11,430,431 above the estimate. OUTSTANDING DECREASES. LONDON, April 1. (Received April 2, at 1 a.m.) Among the outstanding decreases in the Budget, compared with the Estimates, income tax was responsible for £3,953,000, stamps £6,350,000 due to the diminution in Stock Exchange transactions, Customs receipts £1,309,000, and excise duties £5,860,000.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19310402.2.81
Bibliographic details
Otago Daily Times, Issue 21300, 2 April 1931, Page 11
Word Count
99BRITAIN'S FINANCES Otago Daily Times, Issue 21300, 2 April 1931, Page 11
Using This Item
Allied Press Ltd is the copyright owner for the Otago Daily Times. 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 Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in