106
COLONY OF
STATEMENT OF REVENUE IN THE YEAR 1946/47, UNDER HEADS
Heads and Sub-heads.
Estimated.
Actual.
Increase.
$
$
HONG KONG,
AND SUB-HEADS AS COMPARED WITH THE ESTIMATES
Decrease.
$
1.-DUTIES.
Import Duty on Liquor
4,000,000
2:
Hydrocarbon Oils
Perfumed Spirits
3,500,000
4,978,213.42
2,556,199.12
978,213.42
943,800.88
50,000
Tobacco
11
7,500,000
232,808.62
20,724,440.24
182,808.62
18,224,440.24
Duty on locally manufactured Liquor
1,000,000
2,078,099.20
1,073,099.20
1
Proprietary Medicines and Toilet
Preparations
2,000,000
Table Waters
150,000
$,425,545.82
205,780.88
1,425,545.82
55,780.88
Total
18,200,000
34,196,087.30
16,939,888.18
Increased duties and population.
Overestimated.
Greater demand and higher prices. Increased duty and population.
do
Greater demand and higher prices.
Greater demand.
943,800.88
2. ASSESSED TAXES.
Assessed Taxes (Rates) Hong Kong
4,000,000
Kowloon
1,740,000
4,611,504.93
2,215,143.97
611,504.93
Higher valuations.
475,149.97
17
do
N.T. North
6,000
1
72
>
N.T. South
4,000
17
6,000.00
4,000,00
Rating not completed.
- do
Total
5,750,000
6,826,648.90
1,086,648.90
10,000.00
8. INTERNAL REVENUE.
Bets and Sweeps Tax
300,000
924,973.15
624,973.15
Entertainment Tax
Estate Duty
Meals & Liquor Tax
Stamp Duties
Total
2,500,000
1,200,000
8,000,000
3,171,651.53
2,733,404.28
782,986.49
4,514,237.26
071,651.53
1,538,404.28
782,986.49
1,514,237.26
7,000,000
12,127,252.71
5,127,252.71
Carried Forward
30,950,000
53,149,988.91
28,153,789.79
953,800.88
- 20 -
Higher charges and attendances.
Explanatory Remarks.
Higher charges and bigger attendances.
Increased value of properties.
New measure.
Extra duty on property sales and high value of properties.
21
107
No comments yet.
Private notes are available after approval.