NEW TAXATION PROPOSALS
SOME EXAMPLES OF THE SCALE
Some examples Of the effect of the new income tax proposals—the new graduation and tbe earlier withdrawal of the £3OO exemption—are given by the “Post.” In tlie following ex-< amples tbe 10 per cent, reduction on earned income, which is not allowed on more than £2OOO. is taken into account:— Assessable Tax.
Income. Children Old'. Mev, - . £ £ s d £ s d 400 0 2 12 6 2 12 6 GOO 0 7 17 6 10 18 0 o 5 5 0 7 4 5 800 0 25 7 6 28 17 6 2 20 5 0 22 10 0 1,000 0 43 15 0 52 10 0 2 37 2 6 43 17 6 1.500 0 84 7 6 106 17 6 2 75 5 0 04 10 0 2.000 0 137 10 0 170 12 6 2 125 17 6 156 10 0 5.000 0 766 13 5 850 0 0 2 737 12 10 822 10 0 8.000 0 1670 3 4 1698 2 6 2 1646 18 11 1668 6 8 io.ooo 0 2205 0 0 2205 0 0 2 2182 10 0 2182 10 0
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https://paperspast.natlib.govt.nz/newspapers/HOG19270909.2.41
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Hokitika Guardian, 9 September 1927, Page 4
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196NEW TAXATION PROPOSALS Hokitika Guardian, 9 September 1927, Page 4
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