NEWS FROM 100 YEARS AGO : 21 April 1923

21 APRIL 1923

The Government outlined the cost of the various Budgetary cuts in taxation, with the individual items costing:

Postal Reductions – £1.8 million

Telephone Reductions – £840,000

Reduction of Beer Duty – £13 million

Reduction of Table Water Duty – £160,000

Abolition of Duty on Cider – £90,000

Income Tax Reduction – £19 million