BRITISH BUDGET
FLOW OF REVENUE INTO TREASURY LARGE DECREASE IN DEATH DUTIES United Press Association—B« Electric Tel egrapb —Copyrlr bt (Received March 29, 5.5 p.m.) RUGBY, March 28. Tire financial year ends 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 £581,800,000 a year ago, and an 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 also looks like being.less than the total budgeted for, and provided by supplementary estimate, which was £951,725,000.
TREASURY WINDFALL LARGE PAYMENT FROM DECEASED ESTATE United Press association—By Electric Telegraph—Copyright (Received March 29, 6.30 p.m.) LONDON, March 28. Lord Daicnbury who died on October left £1,435.782 on which £534,156 duty was paid.
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https://paperspast.natlib.govt.nz/newspapers/THD19390330.2.62
Bibliographic details
Timaru Herald, Volume CXLV, Issue 21308, 30 March 1939, Page 7
Word Count
170BRITISH BUDGET Timaru Herald, Volume CXLV, Issue 21308, 30 March 1939, Page 7
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