THE SALES TAX.
£200,000 A MONTH.
STATEMENT BY MR COATES.
WELLINGTON, Saturday.
/Questioned to-day regarding features of the last quarter’s publio accounts, the Minister of Finance, the Rt. Hon. J- G. Coates, said he was unable to give the Anal figures, but he gave an indication of how the sales tax is assisting the revenue. Mr Coates said it was estimated that the sales tax should produce -about £200,000 a month and the quarter’s figures would show that the estimate was approximately right. > “I have no reason to believe it will be below, or much above it," explained Mr Coates. “The figures will cover the slackest period, but s we are approaching the best part of the business year."
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Bibliographic details
Waikato Times, Volume 114, Issue 19011, 31 July 1933, Page 8
Word Count
119THE SALES TAX. Waikato Times, Volume 114, Issue 19011, 31 July 1933, Page 8
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