Income-Tax On Wages

Horowhenua Chronicle, 21 October 1916, Page 3

Income-Tax On Wages

| ♦ 1,150,000 WORKERS EARNING £3 3s A WEEK. In a written answer to Sir John Harmood-Banner, Mr McKenna Bays: "I promised my hon. friend, in reply to his question of June 26th last, to obtain the number of weekly wageearners, who, during the quarter ended July sth, 1916, were in receipt of wages exceeding £2 10s per week. "The Commissioners of Land Revenue have summarised the statistics available in the various tax districts throughout tho country, and these in clieate an approximate figure of 1,150,000 such wage-earners in receipt of some £18,000,000 for the quarter or an average per head of three guineas per week. It is of course too early to state the amount of income-tax which will be found l to be due for tie quarter or the number of wage-.v-irn-ei's who will be liable. My hon. friend will not forget that, in common with other taxpayers, the weekly wageearners are entitled to claim abatement children's allowance, life insurance, etc." In view of the foregoing, it is of interest to note (says the London Times) that in 1911-12 the number of employees with incomes not exceeding £160 a year, but not exempt from ineometax, was given as 226,215.