COMPARATIVE STATEMENT OF THE ESTIMATED AND ACTUAL REVENUE

FOR THE YEAR ENDED 31ST MARCH, 1976

Heads and Subheads

Original Estimate

Actual

$

$

Increase

Decrease

$

1 - DUTIES

010 Imported hydrocarbon oils

140,800,000

141,683,897.31

020 Imported intoxicating liquor

150,000,000

168,275,455.92

883,897.31 18,275,455.92

030 Imported liquor other than intoxicating liquor

2,800,000

3,241,009.66

441,009.66

040 Imported tobacco

237,000,000

217,865,907.29

19,134,092.71

050 Locally manufactured liquor...

24,500,000

27,229,598.45

2,729,598.45

Total

555,100,000

558,295,868.63

22,329,961.34 19,134,092.71

2. RATES

010 Hong Kong

199,200,000

200,915,867.87

1,715,867.87

020 Kowloon (including New Kowloon) 030 New Territories

265,500,000

262,266,225.21

72,200,000

71,253,995.67

3,233,774.79 946,004.33

Total

536,900,000

534,436,088.75

1,715,867.87 4,179,779.12

3 - INTERNAL REVENUE

010 Bets and sweeps tax

119,500,000

161,254,072.43

41,754,072.43

020 Business registration fees

29,900,000

26,262,650.13

030 Earnings and profits tax

2,247,000,000

2,234,048,069.25

3,637,349.87 12,951,930.75

040 Entertainment tax

050 Estate duty

060 Hotel accommodation tax

24,900,000

18,744,456.87

6,155,543.13

40,000,000

64,626,844.86

24,626,844.86

9,500,000

070 Stamp duties

298,000,000

8,878,673.75 382,613,679.56

621,326.25

84,613,679.56

Total

2,768,800,000

2,896,428,446.85

150,994,596.85 23,366,150.00

4— MOTOR VEHICLES TAXES

1010 Commonwealth preference

i

020 First registration

14,000,000 14,000,000

13,630,202.51

369,797.49

Total

28,000,000

35,122,319.39

48,752,521.90

21,122,319.39

21,122,319.39 369,797.49

5- FINES, FORFEITURES AND PENALTIES

: 010 Fines

020

Forfeitures

030 Penalties--Fixed penalty scheme

: 040 Penalties-Other

Total

27,000,000

32,259,040.48

5,259,040.48

4,200,000

5,264,608.67

1,064,608.67

17,000,000

13,597,987.40

3,402,012.60

3,500,000

3,599,124.01

51,700,000

54,720,760.56

99,124.01

6,422,773.16

3,402,012.60

6 LICENCES

Agriculture and Fisheries

010 Dairies, dogs and game

280,000

321,376.00

41,376.00

Commerce and Industry

020 Hydrocarbon oils

200,000

030 Liquor

5,600,000

040 Tobacco

900,000

200,933.17 4,722,536.07 833,242.07

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933.17

877,463.93 66,757.93

Fire Services

050 Dangerous goods

1,200,000

635,696.00

29

564,304.00

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