A STUDY IN INCOMES.

Wairarapa Age, Volume XXXII, Issue 9668, 6 December 1909, Page 4

A STUDY IN INCOMES.

Attached to the Budget this session is a return showing how the income tax assessment was distributed for he year 1907-8. Tradtrs, manufacturers and businesses paid, of course, the biggest sum, the aggregate taxable incomes of 932 companies be ing £8,733,321. This returned £186,666 to the exchequer. Traders and business firms to the number of 4,98S earned £4,153,430, and paid out of it £87,716 in income tax. "Various" is a classification prob ably including those relying exclusively on private incomes. They numbered 396, and paid a tax of £4,177 upon over a quarter of a million of income. Professional earnings aggregated £789,587 for 1,069 individuals who were taxed to the extent of £12,726. As an indication of how the salaried men who manage the numberless industrial and State activities in New Zealand are remunerated, the details are full of information. Salaries above £3OO range from those of the 1,20 C men who get hetwpen £3OO and £4OO to the lucky individual who earns £4,813 per annum in salary. The whole class paid £12,408 under the tax, and the following shows the gradations in the scale: —

Between — No. £ £300 and £400 1,200 427,135 £400 and £500 662 279,361 £500 and £600 297 161,034 £600 and £700 147 - 94,708 £700 and £800 93 68,150 £800 and £900 51 43,425 £900 and £1,000 38 36,066 £1,000 and £1,250 53 58,388 £1,250 and £1,500 22 30,158 £1,500 and £1,750 14 22,231 £1,750 and £2,000 16 30,039 £2,000 and £3,000 7 15,184 £3,000 and £4,000 3 9,951 £4,000 and £5,000 1 4,813 Totals 2,604 £1,280,643