B—l [Pt. I]

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1949

* Rebates in respect of motor-spirits used otherwise than as fuel for motor-vehicles in terms of section 6 of the Customs Amendment Act, 1939, amounted to £457,502 17s. sd. t £736,386 2s. lOd. of this amount consists of fees, fines, &c., which are not taxation.

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RECEIPTS £ s. d. £ s. d. £ s. d. Balances at beginning of year— Cash 1,256,083 3 1 Investments .. 4,000,000 0 0 Imprests outstanding 1,039,569 5 2 fi 2Q5 8 % TAXATION Customs 19,111,486 8 7 Beer duty 4,555,373 17 11 Sales tax 14,105,224 4 2 Film-hire tax 108,285 2 5 Highways 3,613,743 2 7* t Stamp and death duties— Adhesive stamps 182,721 7 11 Duty on instruments 530,800 5 8 Estate duty 4,285,426 17 4 Succession duty 1,301,672 1 11 Gift duty 445,291 7 0 Fines and penalties 2,362 9 7 Impressed stamps 339,555 9 10 Licences to companies 115,983 10 6 Sharebrokers' licences 1,572 18 0 Duties payable by racing clubs 2,103,759 14 6 Amusements-tax 243,765 9 2 Lottery duty 28,649 8 6 , Overseas passenger duty 37,035 16 2 Miscellaneous 3,893 8 5 Receipts under section 4, Mortgagees' Indemnity (Workers' Charges) Act, 1927 1,765 9 0 Q fi24. fi Land-tax 916,119 16 0 Income-tax 49,007,671 12 0 Miscellaneous 19,578 15 8 Total, Taxation 101,061,738 12 10 INTEREST On Capital Liability— Postal and Telegraph (interest as determined under section 95 of the Post and Telegraph Act, 1928, at £3 10s. per cent, on the amount of the capital liability as at 1st April, 1948, together with interest v at the rate of £1 15s. per cent. on net additions to capital liability during the financial year)— Year 1948-49 659,045 0 0 Carried forward 659,045 0 0 107,357,391 1 1