§ The income tax yielded £18,000,000, which is £750,000 more than the previous year, and £300,000 more than my estimate. The full force of the abatements agreed to last year has not yet been experienced. The increase is due to improved assessments, but also, I think, to a somewhat closer collection of arrears than in the previous year. It may be that the income tax receipts of last year, in that way, in some measure anticipated the receipts of this year.