B—l [PT. I]

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1948

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RECEIPTS £ s. d. £ s. d. £ s. d. Balances at beginning of year — Cash 574,701 5 9 Investments 8,000,000 0 0 Imprests outstanding 546,256 14 8 Q 120 0 5 t7 j JL Ld\J y iJrJO V/ w TAXATION Customs 24,390,880 18 3 Beer duty 4,404,050 16 1 Sales tax 15,945,812 18 8 Film-hire tax 111,155 9 7 Highways | 3,543,953 19 6 *t Stamp and death duties— Adhesive stamps 199,915 8 8 Duty on instruments 579,674 6 5 Estate duty 4,071,151 4 3 Succession duty 1,160,910 19 1 Grift duty 434,109 18 11 Fines and penalties 2,399 6 10 Impressed stamps 322,919 2 0 Licences to companies 107,866 0 0 Sharebrokers' licences 6,425 18 6 Duties payable by racing clubs 2,198,208 19 6 Amusements-tax 221,209 5 2 Lottery duty 27,360 8 3 Overseas passenger duty 46,133 3 1 Miscellaneous 2,460 19 5 Receipts under section 4, Mortgagees' Indemnity (Workers' Charges) Act, 1927 1,809 10 0 Q 382 fif»4 10 1 «/ j 004 9 t/t/T XV/ X Land-tax 854,456 6 10 Income-tax .. 36,632,580 16 8 National security tax 772,028 19 5 Miscellaneous 61,678 0 2 Total, Taxation 96,099,152 15 3 INTEREST On Capital Liability— Postal and Telegraph (interest as determined under section 95 of the Post and Telegraph Act, 1928, at £4 per cent, on the amount of the capital liability as at 1st April, 1947, together with interest at the rate of £2 per cent, on the net amount transferred from the National Development Loans Account during the financial year)— Year 1947-48 746,316 0 0 Carried forward 746,316 0 0 105,220,110 15 8 * 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 £447,830 12s. 7d. f £768,898 3s. 7d. of this amount consists of fees, fines, &c., which are not taxation.