RACING TAXATION.
AUCKLAND TROTTING CLUB. The taxation paid to the Government by tlie Auckland Trotting Club on its spring meeting last Saturday and Monday totalled £5751. Details are as follows: —Totalisato'r tax, £2827; dividend tax, £2473; stakes tax, £227; amusements tax, £224. The totalisator investments at the recent meeting aggregated £50,538, compared with £78,788 at last year’s spring meeting, a decrease of £22,522. In spite of this large drop the Government, by reason -of the extra taxation imposed this year, received only £173 less in totalisator and dividend tax. Owing to the reduction in prizemoney the stake stax yielded £7B less. The attendance was smaller than last year, but -the extra amsuemenls tax more than offset this as far as the Government is concerned, its yield being £23 larger. Particulars of the taxation paid last, year are as follows: Totalisator tax, £1909; dividend lax, £3540; stakes, tax, £305; amusements tax, £201; total, £OO2I.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WT19301031.2.122.2
Bibliographic details
Waikato Times, Volume 108, Issue 18164, 31 October 1930, Page 11
Word Count
153RACING TAXATION. Waikato Times, Volume 108, Issue 18164, 31 October 1930, Page 11
Using This Item
Stuff Ltd is the copyright owner for the Waikato 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.
Log in