EMPLOYMENT FUND
INCOME FOR PAST YEAR LEVY AND TAX YIELD £4,225,000 A statement showing the transactions of the Employment Promotion Fund for the year 1936-37, contained in the public accounts for the year, which were gazetted last week, shows the yield from the registration levy and the employment charge or wages tax for the 12 months. These two items were previously known as the unemployment levy and the emergency unemployment charge on salaries, wages and other income. The figures for the year, compared with those for the previous 12 months were:— 1936-37 1935-36. Increase. £ £ £ Levy ~ 440,562 416,335 24,227 Wages tax 3,784,402 3,50?, 691 280,711 4,224,964 3,920,026 304.938 The income of the fund - from all sources in 1930-37 was £4,260,545. which, with a cash balance from the previous year of £231,711, and. investments valued at £175,000, made its total resources £4.667,256. The expenditure was £4,210,578. A cash balance of £253,245 remained in the account at the end of the year, but the form in which the sum of £203,432, making up the total, was held, is not shown.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19370619.2.4
Bibliographic details
Otago Daily Times, Issue 23221, 19 June 1937, Page 2
Word Count
177EMPLOYMENT FUND Otago Daily Times, Issue 23221, 19 June 1937, Page 2
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