HC Deb 11 March 1842 vol 61 cc467-72
467
| (No. 1.) |
| ESTIMATE OF EXPENDITURE ACCORDING TO THE ACTUAL VOTES, INCLUDING ORDNANCE SUPPLEMENTAL VOTE. |
| Mr. Baring's estimate for the year ending 5th April 1812 |
£ |
£ |
| Income |
48,310,000 |
48,310,000 |
| Expenditure |
50,731,996 |
50,777,432 |
| Deficiency |
2,421,996 |
2,467,432 |
| Income (ordinary). |
|
|
| Actual produce from 5th April, 1841, to 26th February, 1842 |
43,730,044 |
|
| Estimated receipts from 26th February, 1842, to 5th April, 1842(same as last year) |
4,323,639 |
|
|
|
48,053,683 |
| Expenditure. |
|
|
| Actual amount from 5th April, 184l, to 26th February, 1842 |
47,287,633 |
|
| Estimated amount from 26th February to 5th April, 1842 |
3,100,609 |
|
|
|
50,388,242 |
| Probable Deficiency |
|
£2,334,559 |
468
§
in Ireland, and be taken out of warehouse for consumption in Ireland, or which having been taken out of warehouse in Scotland for removal to Ireland, shall on or after that day be brought into Ireland, an additional duty of one shilling.
| Parliament on the Consolidated Fund |
617,000 |
|
| Salaries and allowances |
254,000 |
|
| Diplomatic salaries and pensions Judicial service |
187,000 |
|
| Judicial service |
728,000 |
|
| Miscellaneous Charges on the Consolidated Fund |
191,300 |
|
|
|
2,368,030 |
| Total Charges on the Consolidated Fund |
|
31,795,480 |
| Services to be voted in Supply. |
|
|
| Army |
6,617,082 |
|
| Navy |
6,739,318 |
|
| Ordnance |
2,084,549 |
|
| Miscellaneous, chargeable on the annual grants of Parliament |
2,800,000 |
|
| Insurrection in Canada |
108,000 |
|
| China Expedition 500,000 |
|
|
| Arrear 175,000 |
675,000 |
|
|
|
19,023,949 |
|
|
50,819,429 |
| The estimated charge for the year ending April 5, 1842, made up after all the estimates were voted was |
|
50,777,432 |
| Increase |
|
>42,000 |
§
(No.5.)
§
An ACCOUNT of the DEFICIENCY of the INCOME of the UNITED KINGDOM, for the Years ending the 5th of January and 5th of April, 1838,1839, 1840, and 1841, with the estimated AMOUNT of the DEFICIENCY for the Year ending the 5th of January and 5th of April, 1842.
| Years. |
Ending Jan. 5. |
Ending April 5. |
|
£ |
£ |
| 1838 |
655,760 |
1,428,534 |
| 1839 |
345,228 |
430,325 |
| 1840 |
1,512,792 |
1,457,223 |
| 1841 |
1,593,970 |
1,851,997 |
| 1842 |
2,101,369 |
2,334,559 |
|
6,209,119 |
7,502,638 |
| 1843 (certain deficiency) |
|
2,570,000 |
| Total deficiency in six years |
|
£10,075,638 |
| Note.—The figures in the first columns are |
| (No.7) |
| A RETURN, showing the amount ofDUTYcollected on each of the undermentioned articles etained forHOME CONSUMPTION in the year (ending the 5th of January) previous to the reduction of the duty on such articles respectively, and the REVENUE collected thereon in each of the seven years following the reduction. |
| WINES, TOBACCO, COFFEE and HEMP, reduced in 1825. |
| ARTICLES. |
The duty reduced in 1825. |
Amount of duty received in 1824. |
Amount of Duty received in each of the seven years subsequent to 1825. |
| 1826. |
1827. |
1828. |
1829. |
1830. |
1831. |
1832. |
|
|
£ |
£ |
£ |
£ |
£ |
£ |
£ |
£ |
| Wine |
From 9s. 1½d. to 4s. 9¼d. |
2,153,112 |
1,424,326 |
1,600,587 |
1,700,051 |
1,473,546 |
1,524,168 |
(a)1,535,484 |
1,715,812 |
| Tobacco |
From 4s. to 3s |
3,378,537 |
2,658,769 |
2,826,379 |
2,763,875 |
2,849,706 |
2,924,265 |
2,964,502 |
3,080,599 |
| Coffee |
From 1s. to 6d |
400,988 |
369,570 |
399,690 |
440,245 |
498,951 |
579,363 |
583,751 |
598,038 |
| Hemp. |
From 9s. 2d. to 4s. 8d. |
236,191 |
104,456 |
104,460 |
95,051 |
84,841 |
83,268 |
108,717 |
(b)27,473 |
| (a)The rates of duty on wine other than French were increased, and that on French wine further reduced in 1831.(See the article on French wine below). |
| (b) The rate of duty on hemp was again reduced in 1832. |
470
§
taken from the printed accounts, Nos. 87 and 438; those in the second column from No. 268, of 1841, with the exception of the year 1842.
| (No. 6.) |
| MR. BARING'S ANTICIPATION OF THE INCREASED REVENUE TO BE DERIVED FROM THE TAXES IMPOSED IN 1840. |
| Mr. Baring imposed his 5 per cent, duty on Customs and Excise, and 10 per cent, on Assessed Taxes in May, 1840. |
| The net produce (after deducting drawbacks and repayments) of the Customs and Excise in the |
£ |
| year ending Jan. 5, 1840, was |
37,911,506 |
| The estimated produce of the Customs and Excise, with the additional 5 per cent. |
1,895,575 |
| Was, for the year ending Jan. 5,1842 |
39,807,081 |
| The actual produce was |
38,118,221 |
| The actual produce was |
206,715 |
| Being not 5 per cent., but a little more than half per cent. |
|
| The net produce of Assessed Taxes in the year |
£ |
| ending Jan. 5,1840, was |
2,758,590 |
| The estimated produce, with the 10 per cent. Addition |
275,859 |
| was |
3,034,449 |
| The actual produce of Assessed* Taxes, 10 per cent. included for the year ending Jan. 5,1842, was |
3,500,922 |
| Deduct for the new survey of windows, &c. |
430,975 |
|
3,069,947 |
| The increase therefore on Assessed Taxes was or 11¼ per cent. |
£311,357 |
471
| RUM reduced in 1826. |
|
The duty reduced in 1826. |
Amount of duty received in 1825. |
Amount of Duty received in each of the seven years after 1826. |
| 1827 |
1828 |
1829 |
1830 |
1831 |
1832 |
1833 |
| Rum |
From 12s.7 1.5 d to 8s 6d. per gal. |
£ |
£ |
£ |
£ |
£(c) |
£ |
£ |
£ |
| 1,281,628 |
1,396,576 |
1,392,554 |
1,434,783 |
1,600,331 |
1,629,881 |
1,591,109 |
1,570,797 |
| (c) The rate of duty on rum was increased 6d. per gallon in 1830. |
| SUGAR reduced in 1830. |
|
The duty reduced in 1830. |
Amount of duty received in 1829. |
Amount of Duty received in each of the seven years subsequent to 1830. |
| 1831. |
1832. |
1833. |
1834. |
1835. |
1836. |
1837 |
| Sugar |
From 27s. to 24s. per cwt. |
£ |
£ |
£ |
£ |
£ |
£ |
£ |
£ |
| 4,896,242 |
4,650,590 |
4,394,338 |
4,414,302 |
4,559,392 |
4,667,900 |
4,184,165 |
4,760,565 |
| FRENCH WINEreduced in1031 |
|
The duty reduced in 1831. |
Amount of duty received in 1830. |
Amount of Duty received in each of the seven years after 1831. |
| 1832. |
1833. |
1834. |
1835. |
1836. |
1837. |
1838. |
| French Wine |
From 7s. 3d. to 5s. 6d. per gallon. |
£ |
£ |
£ |
£ |
£ |
£ |
£ |
£ |
| 110,417 |
62,331 |
63,165 |
71,130 |
74,080 |
96,534 |
120,286 |
113,982 |
| A RETURN of the AMOUNT of DUTY on NEWS PAPERS and ADVERTISEMENTS in the Year (ending January 5), previous to the Reduction of the DUTY, and of the REVENUE Collected in each of the Seven Years after such Reduction. |
| NEWSPAPERS. |
ADVERTISEMENTS. |
| Years. |
Amount of Duty. |
Years. |
Amount of Duty |
|
£ |
s. |
d. |
|
£ |
s. |
d. |
| 1835 |
521,909 |
17 |
2 |
1832 |
155,400 |
16 |
0 |
| 1836 |
*Duty reduced from4d to 1d. |
1833 |
Duty reduced from 3s. 6d. to 1s. 6d. |
| 1837 |
201,669 |
16 |
5 |
1834 |
83,422 |
17 |
8 |
| 1838 |
201,616 |
18 |
11 |
1835 |
88,440 |
19 |
9 |
| 1839 |
220,452 |
15 |
3 |
1836 |
98,336 |
10 |
8 |
| 1840 |
225,701 |
0 |
3 |
1837 |
101,939 |
18 |
7 |
|
|
1838 |
111,899 |
7 |
11 |
|
|
1839 |
115,284 |
10 |
2 |
|
|
1840 |
121,422 |
9 |
11 |
| The act reducing the duty from 4d. to 1d., to commence from the 15th September, 1836, also repealed the discount of 20l. per cent, previously allowed on newspapers, and which in 1835 amounted to 97,796l. |
472
§
the occupation of lands in the occupation of land in England three-quarters of the Great Britain one-half of the above rate, and in Scotland above rate.
§
one-half
§
Foreigners having money Funded property, though in the funds exempt from in the hands of foreigners, duty on such property. Charged with duty.
| (No.9.) |
| Property Assessed under former Acts Imposing a Property-tax. |
| Income assessed in 1814 |
£170,000,000 |
| SOURCES OF INCOME CLASSED IN FIVE SCHEDULES. |
| A. Property derived from land. |
|
| 1. Rent of lands |
39,400,000 |
| 2. Rent of houses |
16,260,000 |
| 3. Tithes, mines, quarries, canals, iron works, &c. |
4,470,000 |
| A. Total |
60,130,000 |
| B. Rent of land in respect to occupation |
38,396,000 |
| C. Income derived from public funds, and similar securities (sum on which assessment made) |
30,000,000 |
| D. Profits of trades and professions |
38,310,000 |
| E. Income of public officers |
11,744,000 |
|
178,580,000 |
| SCHEDULE A. |
| 1. Rent of lands in 1814 |
39,400,000 |
| Affected by two causes acting in different directions;—first, by cessation of war, and restoration of currency;—second, application of science and mechanical improvement. Present estimate |
£39,400,000 |
| 2. Rent of houses in 1814 |
16,260,000 |
| In 1814, number of houses, 2,231,000; present number, |
3.460,000. |