END OF FINANCIAL YEAR IN BRITAIN
DEATH DUTIES SHORT OF ~ ESTIMATE
(British Official Wireless) RUGBY, March 29. The financial year will end at midnight on Friday. Up to last Saturday the total ordinary revenue amounted to £906,108,619. This was an increase of nearly £48,000,000 on a year ago, but was still £38,500,000 short of the Budget estimate.
» The principal source in which the revenue has fallen short of the estimates is death duties, which so far have yielded £76,140,000 compared with £58,780,000 a year ago and the estimate of £88,000,000.
The total expenditure, less selfbalancing items and sinking funds, is £917,109,922, compared with £826,408,061 a year ago.
Ordinary expenditure alsp looks like being less than the total budgeted for and provided by the Supplementary Estimate, which was £951,725,000.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ST19390401.2.62
Bibliographic details
Southland Times, Issue 23782, 1 April 1939, Page 7
Word Count
128END OF FINANCIAL YEAR IN BRITAIN Southland Times, Issue 23782, 1 April 1939, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Southland Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.