MORE REVENUE COLLECTED

Southland Times, Issue 23782, 1 April 1939, Page 4

MORE REVENUE COLLECTED

Customs Figures In Invercargill

£8303 INCREASE OVER 1937-38

The total amount of Customs revenue collected in Invercargill during the year ended March 31, 1939, shows an increase of £8303 compared with the figure for 1937-38. The figure for 193839 is £326,032 and this includes all classes of revenue.

The actual Customs revenue for the year just ended was more than £3OOO higher than the figure for the previous year. A decrease of £1136 is shown in the beer duty paid in Invercargill this year and there is also a drop m the revenue from sales tax, compared, witn the year 1937-38. There is a big increase of about £9OOO in the revenue from petrol tax. „ . ~ There is little difference in the.fagures for the quarter ended March 31, compared with the same quarter the previous year, although there is a sharp drop in the beer duty return, which fell from £lO4l last year to £496 this year. The Customs revenue for the month just past shows a distinct drop of £1526, in comparison with the same month in 1938. f The following are the returns for the last two years:-

TOTALS £326,032 £317,729 QUARTERLY FIGURES The returns for the quarter ended March 31, together with the figures for the same quarter in 1938, are:—

MONTHLY RETURNS The following are the figures for March 1939, compared with the returns of the same month last year:— •

TOTALS £31,407 £32,508

CUSTOMS DECREASE AT DUNEDIN SLIGHT FALL IN FIGURES FOR YEAR (United Press' Association) DUNEDIN. March 31. Taken generally there was a slight decrease in the Customs and other revenue collected in Dunedin and at the port of Otago during the past 12 months. Collections for the final quarter were down by about £12,000, chiefly because of a big decrease in the figures for the month. The beer figures show slight increases in both the monthly and quarterly returns and for the year the return is about £14,000 higher. The petrol tax figures showed slight increases and were about £lO,OOO up for the year. Tyre tax was about £5OO lower than the return for last year and wool tax for the month was slightly down and was down by about £2OO on the quarter. The yearly figure of £23,574, however, was about £5OO higher than the total for 1938.

Returns for the quarter, January to March, showed a decrease of about £12,000 on the figures for the corresponding period of last year. The figures for the quarter were:

Collections for the 12 month ended March 31 were down by about £17,000. The figures for the year were: 1938 1939

COLLECTIONS WELL MAINTAINED LITTLE EFFECT OF IMPORT RESTRICTIONS WELLINGTON, March 31. Customs revenue collections at Wellington continue at a high level despite the import control regulations which have now been in operation for nearly four months. The figures for the financial year ended today show a slight decrease in net Customs figures compared with the 1937-38 year, but under all other heads increases are registered. Last May the net Customs revenue at Wellington showed a sharp fall and this continued for the following six months until at the end of October there was a decrease of £242,520 for the seven months of the financial year compared with the corresponding period of the 1937-38 year. The November figures showed a sharp increase, then early in December the import control regulations were brought into force to cut down the heavy flow of imports. For the four months since then the net Customs revenue at Wellington has increased by £64,480. Sales tax too, which during the middle of 1938, was falling away, has during recent months shown a similar increase indicating an increase in internal trade. It is anticipated, however, that after about May the flow of imports will be very much checked and for several months from

then on Customs revenue will be at a greatly reduced level. The figures under all heads for 193839 and 1937-38' financial years afford the following comparison:— 1938-39 1937-38

REDUCED REVENUE IN CHRISTCHURCH

CUSTOMS DUTIES AND SALE TAX LOWER

(United Press Association) CHRISTCHURCH, March 31. The revenue collected at Christchurch by the Customs Department for the 12 months ended today was £27,332 below last year’s total. Customs revenue was down by £56,024. Sales tax netted £12,238 less than last year. Beer duty increased by £11,764, petrol tax by £23,714, tyre tax by £1407. The figures for the year are as follows:—

BIG INCREASE IN COLLECTIONS

CUSTOMS DECLINE FOR

MARCH

AUCKLAND, March 31. Although checked by a substantial decline in Customs revenue in March, the first effect recorded of the import control regulations, the revenue col-, lected by the Customs Department in Auckland in the financial year just ended was £158,454 above that for the year ended March 31, 1938. The total from all sources was £ 5,810,9 b/ against £5,652,513 in the previous year. An increase wai recorded under each heading in the year’s _ returns. Customs revenue amounted 'to £3,585,837, an increase of £28,026 over the 1937-38 figure of £3,557,811; petrol tax and tyre duty yielded a combined total of £939,433, or £85,045 more than the £854,388 returned for the year before; excise on beer for the financial year produced £213 308 against £201,164, a rise of £12,144. The sales tax yield for 1938-39 was £1,072,389, a gain of £33,239 over the total of £1,039,150 for 1937-38. . Two decreases, the main one being under the heading of Customs revenue, are recorded in the return for March. Customs revenue dropped to £282,827 compared with £312,014 in March 1938. This represents a decline of £29,187, or over 9 per cent. The second drop this month was in excise on beer, which amounted to £18,953 compared with £20,563 in March 1938, a fall of £l6lO. Motor spirit and tyre tax combined showed an increase this month as did sales tax. The yield from petrol and tyres this month was £92,396 compared with £82,594 in March 1938, a rise of £9802. Sales tax for the month totalled £86,179 compared with £81,990 in the corresponding month of last year, a rise of £4189. THE PRICE OF GOLD

(Received March 31, 6.30 p.m.)

LONDON, March 30.The price of gold is £7 8/6 i per oz.

1938-39 £ 1937-38 £ Customs 175,154 171,736 Beer 3,204 4,340 Sales tax 52,984 55,969 Petrol tax 94,690 I 85,684

1939 £ 1938 £ Customs 47,097 47,334 Beer 496 1,041 Seiles tax 14,903 14,946 Petrol tax 25,633 24,832 TOTALS £88,129 £88,153

1939 , £ 1938 ’ £ Customs 15,755 17,281 Beer 336 541 Sales tax 5,862 5,863 Petrol tax 9,454 8,823

The figures for the month were: 1938 £ 1939 £ Customs duty 76,805 58,258 Beer duty 27,247 28,297 Sales tax 27,402 26,101 Gold tax 2,075 901 Petrol tax 18,456 20,850 Tyre tax 612 758 Wool 676 620 TOTALS ■ 154,070 136,941

1 1938 £ 1939 £ Customs duty 206,563 188,741 Beer duty 86,469 88,245 Sales tax 76,875 78,632 Gold tax 4,670 5,082 Petrol tax 53,015 53,402 Tyre tax 1,545 3,145 Wool tax 1,557 1,324 TOTALS 434,356 422,048

£ £ Customs duty 825,379 766,278 Beer duty 313,424 327,070 Sales tax 316,120 311,621 - Gold tax 23,486 20,037 Petrol tax 193,227 202,674 Tyre tax 10,029 9,513 Wool tax 1,869 2,357 TOTALS 1,666,753 1,649,941

£ £ Net customs 3,739,399 3,953,293 Sales tax 1,379,187 1,346,222 Motor spirit 554,112 519,120 Tyre tax 30,816 26,195 Beer excise 81,868 79,843 Following are the past month’s figures with those for March 1938:-

1939 1938 £ £ Net customs revenue 321,026 321,102 48,451 Motor spirit duty 54,581 Tyre tax 2,097 1,202 Sales tax 131,744 100,375 Beer excise 7,091 8,681

1937-38 £ L938-39 £ Customs 1,263,142 1,207,118 Beer duty 125,156 136,900 Petrol tax 290,999 314,713 Tyre tax 13,493 471,064 14,900 Sales tax 458,826 Light dues Export levies— 7,217 7,669 2,917 Wool 3,099 Honey 'u'k; is 41 Meat ' 8,205 12,009 Miscellaneous 2,644 2,619 TOTALS 2,185,034 2,157,917 For the month of March the figures were:— 1939 • 1938 £ £ Customs 107,706 100,847 Beer 12,857 11,825 Petrol tax 28,001 31.121 Tyres 705 1,393 Light dues Export levies— 557 481 836 537 Wool Honey Meat 1,008 1 1,136 Miscellaneous 76 37 TOTALS 187,800 186,917