1940 — Page 5

(C3)

COMPARATIVE YEARLY STATEMENT OF THE REVENUE,

Owing to the change in the financial year, the figures for the fifteen months ol 1940/41 are not comparable with those of the previous year. For the purposes of this statement, therefore, the actual revenue collected during the twelve months April 1940 to March 1941, corresponding to the new financial year, have been used.

Specify each separate Tax or Dutyj

according to the classifications

employed in the Estimates.

Amount

Amount collected in

1939.

cuilected in April, 1940 to

Marel, 1941;

Cause of Incrense

Increuse.

Decrease.

or Decrease.

1.-DUTIES.

$

C.

0.

Import Duty on Liquor,

Do.,

Motor Spirit,

212,165.93 1,826,797.69 2,039.203.62 1,395,516.72 3,747,858.56 2,352.341.84|

Do.,

Do..

Perfumed Spirits

Tobacco,

154,306.28 146,702.29

6,362,972.58 7,942,817.65 1,579.845.07

Increased rate of duty.

Increased rate of duty and imposition of new duty ou heavy and other hydro-

carbou oils.

7,543.99 Decreased consumption.

Increased rate of duty.

Duty on locally manufactured

liquor,

Doty on Table Waters

Total.........

2.—ASSESSED TAXES.

Assassad Taxes (Bates), H.K.

1,416.855.74 1,448.188.43 31,832.60,

17,664.81 17.004.81

11,156,449.01·15,842,555.30 4.193.650.34

du.

New len

I

7,543.99-

20

6,776,168.00 7,363,806.16 587,138.16

Increased assessments.

Kowloon

"

N.T. North,...

PR

N.T. South....

8,294.36

4,842.00

8,694.00

309.61

* 5, 131.GO'

489.50

П

#

Total..........

# 6,789,104.36 7,377,131.66

588,027.30

8.-INTERNAL REVENUE.

Bets and Sweeps Tax,

248,713.01 457,240.65

208.327.84

Increased

Entertainment Tax,

351,988.95 398,122,05

46,133.10.

!

Estate Duty

Stamp Duties

721,527,75 1.039,921.11'

2,531,108.72 2,708,369.08'

319,303.36

rate of tax and Increased ule of Sweep-

stake Tickets,

Opening of new cinemas sad

increased attendances.

Variable.

172.260.31

Increased business activity.

Tola!.......

8,853,338.43 4,388,652.84′

745.314.41

4-LICENCES, FINES &

FORFEITURES.

(4) Licences.

Air Services,

735.00

Arms,

Abetioneers,

Billiard Table,

Carried forward,..

24,790.00

1,250.00

1,500.00

28.275.00 17.880.00

605.00

14,500.00

1,275.00

1,500.00

180.00

10.290,00 Licences withdrawn.

25.00

25.00)

10.420.00

3