BRITISH BUDGET
INCOME TAX EXCEEDS ESTIMATE British Official Wireless (Received March 24, 6.30 p.m.) RUGBY, March 22. Last week’s Treasury returns indicate that the total yield of income tax for the financial year, ending on March 31, will be appreciably above the Budget estimate. Revenue estimates as a whole are likely to be realised and. in spite of the additional expenditure which the Exchequer has had to face in recent months, the national accounts will, it is generally anticipated, show a surplus at the end of the financial year of probably not less than £5,000,000.
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Bibliographic details
Timaru Herald, Volume CXXXIX, Issue 20066, 25 March 1935, Page 7
Word Count
95BRITISH BUDGET Timaru Herald, Volume CXXXIX, Issue 20066, 25 March 1935, Page 7
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