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FEDERAL FINANCE.
Year 1900-01. | England. | Per Cent. |
Scotland. | Per Cent. |
Ireland. | Per Cent. |
Total. | Per Cent. |
£ | £ | £ | £ | |||||
Total revenue as contributed | 113,224, | 82.26 | 14,919, | 10.84 | 9,505, | 6.90 | 137,668, | 100 |
Local expenditure | 34,769, | 73.92 | 4,961, | 10.55 | 7,306, | 15.53 | 47,036, | 100 |
Balance available for Imperial expenditure | 78,475, | 86.58 | 9,958, | 10.99 | 2,199, | 2.43 | 90,632, | 100 |
It should be borne in mind that in the last quarter of 1900-01, as in the last quarter of 1899-1900, abnormal clearances of certain dutiable articles were effected in anticipation of increased taxation. The result was that in these years the amount paid in duty in respect of some articles, did not correspond with the consumption of those articles, nor consequently with the contribution of consumers to taxation. The amounts estimated to have been paid in anticipation in 1900-01 were 2,500,000l. under customs duties, and 1,050,000l. under excise duties.
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