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BRITAIN’S FINANCES

INCOME TAX RECEIPTS PUBLIC'S QUICK RESPONSE (Official Wireless) RUGBY, Feb. 7 So prompt was the response to the request of the Chancellor of the Exchequer, Sir John Simon, for early payment of taxes that there is now a slackening in the rate at which revenue is coming in. Nevertheless, total ordinary revenue last week amounted to £47,759,985 sterling, and total expenditure to £32,882.932, compared with £46,799,469 and £lB,009,847 respectively in the same period of 1939. ' Income tax realised £34,763,000. against £32.590,000 in 1939. 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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https://paperspast.natlib.govt.nz/newspapers/WT19400209.2.67

Bibliographic details

Waikato Times, Volume 126, Issue 21034, 9 February 1940, Page 5

Word Count
114

BRITAIN’S FINANCES Waikato Times, Volume 126, Issue 21034, 9 February 1940, Page 5

BRITAIN’S FINANCES Waikato Times, Volume 126, Issue 21034, 9 February 1940, Page 5