CO129-519-2 Estimates for 1930 19-9-1929 - 19-9-1929 — Page 12

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

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In the following table the actual revenue for the year 1930

is compared with the revenue of the previous year and with the Estimates for 1930.

Heals of Revenue.

Actual Estimates

1929

1930

Actual

1930

Tobacco Duties

$219,912

(Tobacco duties were increased with effect from 12th June, 1930).

Motor Spirit Duties

$145,528

(New duty of 15 cents per gallon

as from 1st July, 1930).

Light Dues

319,126.66 311,000

329,313.46

Licences and Internal Revenue not

otherwise specified

14,900,565.03

15,103,320 16,169,266.40

Fees of Court or Office, l'ayments for

specific purposes, and Reimburse-

ments in Aid.....

1,864.955.18

Post Office............

1,003.664 90

Kowloon Canton Railway

$90,714.54

1,900,900 2,113,862,02

970,000 1,375,207.06

919,400 973,128.63

FEES OF COURT OR OFFICE, PAYMENTS FOR SPECIFIC PURPOSES,

AND REIMBURSEMENTS IN AID.

Water Excess Supply and Meter Rents.

(More meters installed and general building development)

Crown Lease Fees

$167,724

$ 18,462

(Activity in Land transactions).

Kent of Government Property, Land

and House6

Deeds Registration

$ 18,993

Interest

Miscellaneous Receipts

1,411,532.69

382.837.87

844,876.91

1,408,700 1,541,895 62

223,500 390,799.73

546,100 2,060,103.05

(Activity in land transactions).

POST OFFICE.

Postages

$132,587

Total..

Land Sales (Premia on New Leases).

21.618.308.87

1,936,171 29

21,712,920 | 24,953,575.89

1,000,000 2,864,897.03

(Postal rates were increased as from 1st August, 1930).

Message Fees

$272,620

(Increased traffic and extension of services).

Total.

23,554,175.16

22,712,920 27,818.472.92

RENT OF GOVERNMENT PROPERTY LAND

AND HOUSES

$133,195

Each Head of Revenue showed an increase both over the Estimates for 1930 and over the Revenus for 1929. The principal increases over the Estimates were as follows:→

INTEREST

(More permits for encroachment issued and increase in number of Crown Leases).

MISCELLANEOUS RECEIPTS

(Both these increases can be attributed to the fall in the sterling value of the dollar. Interest on Sterling investments and ster- ling deposits realized during the year have shown a considerable dollar appreciation).

LICENCES AND INTERNAL REVENUE NOT OTHERWISE SPECIFIED.

Vehicle Licences

$ 84,824

(Increase in number of Motor Vehicles)

Liquor Duties

$ 89,948

(More success in the prevention of smuggling)

Opium Monopoly

$135,287

(Increased sales)

LAND SALES.

Stamp Duties

$110,508

(Increased business in stocks and shares and higher market values)

$167,800

$1,862,982

Premia on Leases

$1,804,897

(More sales and increased premia received).

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