BRITISH REVENUE
Income Tax Swells Figures British Official Wireless (Received February 8, 6.30 p.m.) RUGBY, February 7. So large was the response to the request by the Chancellor of the Exchequer (Sir John Simon) for the early payment of taxes that there is now a slackening of the rate at which revenue is coming in. Nevertheless last week the total ordinary revenue amounted to £47,759,985 and the total expenditure to £32,882,932, compared with £46.799,469 and £18.009,847 respectively in 1939. Income tax realised £34.763,000 against £32,590.000. In the eight remaining weeks £211.028,721 has to be collected, so that the weekly average can fall considerably before there is a danger of the estimates not being realised.
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Timaru Herald, Volume CXLVIII, Issue 21574, 9 February 1940, Page 7
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114BRITISH REVENUE Timaru Herald, Volume CXLVIII, Issue 21574, 9 February 1940, Page 7
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