150
Estimate 1957/58
Revised estimate 1956/57
HEAD 1— DUTIES
$96,200,000
94,500,000
83,500,000
85,260,789
Approved estimate 1956/57
Actual revenue 1955/56
The revised estimate for 1956/57 shows an increase of $11,000,000 over the approved estimate. With the exception of duty on locally manufactured liquor which remains at $9,800,000, increases occur in every item viz. $4,200,000 on hydrocarbon oils because of the popularity of kerosene as cooking fuel; $500,000 on intoxicating liquor; $100,000 on liquor other than intoxicating liquor; $4,000,000 on tobacco; $1,500,000 on proprietary medicines and toilet prepara- tions; $700,000 on table waters. The upward trend is reflected in the estimate for 1957/58.
Estimate 1957/58
Revised estimate 1956/57
HEAD 2 - RATES
Approved estimate 1956/57
$63,400,000
56,750,000
50,550,000
49,769,817
Actual revenue 1955/56
The excess of $6,200,000 in the revised estimate over the approved estimate is due
to the continued increase in building development. This increase is expected to go on into 1957/58.
Estimate 1957/58
HEAD 3- INTERNAL REVENUE
Revised estimate 1956/57
Approved estimate 1956/57
Actual revenue 1955/56
$154,250,000
163,750,000
148,500,000
154,045,234
The revised estimate shows an increase of $15,250,000 over the approved estimate. There is an increase of $18,000,000 in estate duty mainly on account of two large estates. The final payments on one large estate are not expected until 1957/58 and this is reflected in the estimate for next year. Business registration fees, dance halls tax and entertainment tax also show increases. There is, however, an expected reduction of $7,500,000 in earnings and profits tax due to a reduction of arrears brought forward from previous years.
HEAD 4- LICENCES, FINES AND FORFEITURES
Estimate 1957/58
Revised estimate 1956/57
Approved estimate 1956/57
Actual revenue 1955/56
$18,389,000
19,414,309
17,258,130
18,389,068
An increase of $2,156,179 is shown in the revised estimate for 1956/57 as against the approved estimate. The total increase on all forms of licences is $1,005,999, the main items being air services, liquor, pawnbrokers, tobacco, and vehicles, motor, foreign registration. An increase of $1,150,180 is shown under fines and forfeitures.
HEAD 5 — FEES OF COURT OR OFFICE
Estimate 1957/58
Revised estimate 1956/57
Approved estimate 1956/57
Actual revenue 1955/56
$40,776,600
36,803,186
32,630,650
33,041,660