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N.S.W. BUDGET.
TAXATION PROPOSALS.
By ~ Cable. — Press Association.— Copyright. SYDNEY, March 13. Mr Holman's income tax proposals reduce the exemption from £3OO to £250, and the graduated tax will be altered so as to commence at Bd, rising to 14d in the £ on incomes in excess of £9700. The previous tax was 6d to 1/-. The revenue for 1914-15 is estimated at £20,039,000, and the expenditure at £19,506,000, leaving a surplus of £533,000.
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Bibliographic details
Sun (Christchurch), Volume I, Issue 32, 14 March 1914, Page 7
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73N.S.W. BUDGET. Sun (Christchurch), Volume I, Issue 32, 14 March 1914, Page 7
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Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
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