432 MISC. PUBLICATION 218, U. 8. DEPT. OF AGRICULTURE 
INCOME AND EXPENDITURE 
The income and expenditure during 3 successive years are shown ‘n 
table 123. The large net income obtained in the year 1927-28 was 
secured at the expense of capital in order to help pay off death duties; 
but the net incomes in the 2 subsequent years, about £2,600 per 
annum, probably allow of a small capital appreciation. To this 
annual net income should be added the value of the shooting rights 
(which are retained by the owner), which computed at 2s. 6d. per 
acre per annum amount to £250 per annum. ‘This brings the total 
net income up to £2,850. 
TABLE 123.—Statement of income and expenses for years 1927-28 to 1929-30 on 
sample properly no. 1} 
Item 1927-28 1928-29 1929-30 
Income: 
Sale of timber: £ Sumas SS aes ES Ay) | 
Coniferset sor eres So AC a eed 4.449 7 65) 1,787 12 10 1,915 13 1 
Tard wOOGS eo ee oak aS ERR Joe ee 2,304 14 11) 1032) 11 74 ATO 29 
MITE WOOd aNd CODSem ese ee ee ee eee 725) Ge BN) 2a il 383 14 11 
Winderwoo dite -5 ee ae ee eee aaa 110° 53-46 (9m Ae 9 95 19 7 
AD) gD Oa ap bay cog et IE BASS SS A I 199 13 10 399 15 2 400 3 8 
INUTSERY: DIA ES He a te ae Ta ee IE Se OYA Ch UE Wi) £2200 
Forestry: commissionierant 22 oe ee Ov 00 69 0 O 62 18 0 
Compensationwrepald ess ane eee ee ee Of Oge0 6 14 8 12 10 9g 
DS Gea ea sa pee ae aparece SIE Unoery, we 7/ 3,648 9 4 4,282 0 9 
Expenses: 
Maintenance of roads, fences, etc__.---.------------ 162 10 3 226 16 O TY MW 9 
INUTSeRyaWOLksan dsp laritsaen sens ae ene 306 15 4 134 2 6§ 208 tte 
IPAM tinge soso Are ee ee SL Rec ee a 388 19 6 505 8 1 559 19 4 
IGE Ta oye Se cer a PL ce Cen an 98 9 10 48 5 6 47 13 ll 
15 GMI Eagar ee dee ee eT Ee oe 52,1471 Om One.0 125019 4: 
Mier stages Byarol nee ious oe Oe OU mG 66 8 10 55 10 8 
SEELEY 27S AGU DS eee ae eens eee eet PY ANY 48 6 0 56 14 7 
Gearing aavv ry ch fall Spee eee ea nn eee OOO OFe0s0 78 5 O 
PantioflOresterysisa aleve ea ee eye ete 2 eS nee WAL bE 8 168°= 6) 327 
MOOlsian G's GatiOme nyse ee ee ee eee amen en Be 12198 23151606 
cl D0) 2) bese Sees Spr t Oe LN A EC ere barra eal i Pam apa eons Re | 225 ee, M7408) size) (oOlZ Ss 8 
INGt:iNCOMe = es ae ee ee Ee os 6,117 10 10 | 2,489 11 7 25169 eal 
1 Source of data: Statement by the agent of the property. 
The item “trimming shrubs’”’, which appears as a cost in this ac- 
count, should not strictly be debited to the forestry account for, 
though the forestry staff does the work, the money is spent in the 
interest of village improvement. Clearing windfalls in 1929-30 
means clearing hedgerow elms, which had fallen across the roads. 
This cost is balanced by the sale of elm timber, which realized £88 
7s. 6d. and is included in the other side of the account. 
TAXES 
The assessment for income tax and the amount of taxes paid in the 
fiscal year 1929-30 was determined as follows: 
Schedule A: Die Boh hd. 
Gross assessment) of annual values 2.00 (20 ae ee 525 0 0 
(The annual value varies from wood to wood, but averages 
5s. 3d. per acre, including 2s. 6d. for sporting rights.) 
Deduct one-eighth for statutory allowance___._____-___-_----_ 65 15 0 
Netrassessmente on see ee Tee nae 459 5 O 
Schedule B: 
One-third of gross assessment for schedule A________________- 175. 305460 
Total taxable income from woodlands from schedules A and B_ 634 5 0O 
Amount of income tax due at 4s. to the pound____________-- 12617 0 
eS OE NO 
es 
