INCOME-TAX (PERSONS PAYING) AND AMOUNTS PAID.

Appendix to the Journals of the House of Representatives, 1921 Session I-II, B-22

8.--22

Session 11. 1921. NEW ZEALAND.

INCOME-TAX (PERSONS PAYING) AND AMOUNTS PAID.

A continuation of Paper 8.-22, laid on the Table of the House of Representatives in 1911,1915, and 1918.

Ordered, "That there be laid before this House a return in continuation of parliamentary paper B.-22 for 1919 and 1920.—(Mr. Craigib.) Income-tax Assessment foe 1920-21. . A. Showing Tax charged. Ordinary Special Number. Income-tax. War-tax. £ £ Salaried persons .. .. .. .. ..7,283 89,697 129,679 Professional .. .. .. .. .. ..2,129 71,945 100,722 Traders, manufacturers, &c. .. .. .. ..10,466 401,757 596,054 Landowners .. .. .. .. .. .. 11,648 279,883 499,162 Deceased persons'estates and other trusts.. .. .. 2,742 96,718 149,625 Companies .. .. .. .. .. .. 2,317 2,036,283 2,934,364 Non-resident traders .. .. .. .. .. 637 24,005 25,404 Miscellaneous .. .. .. .. .. ..7,375 231,674 367,309 44,597 £3,231,962 £4,802,319 Note. —The above figures do not represent the revenue of the year, but the tax assessed for the year, some of which, of course, was unpaid at the 31st March, 1921. B. Showing Income assessed. Income. £ Salaried persons .. .. .. .. .. .. 4,201,467 Professional .. .. .. .. .. .. .. 1,871,183 Traders, manufacturers, &c. .. .. ... .. .. 9,242,035 Landowners .. .. .. .. .. .. .. 9,352,777 Deceased persons'estates and other trusts .. .. .. 2,114,853 Companies .. .. .. .. .. .. .. 15,341,173 Non-resident traders .. .. .. .. .. .. 394,132 Miscellaneous .. .. .. .. .. .. .. 6,089,207 £48,606,887

8.—22

2

Price 3d.]

C. Classification of Taxpayers according to Assessable Income. Number of taxpayers who pay income-tax .. .. .. .. .. .. 44,597 „ whose assessable income does not exceed £650 .. .. .. 29,082 ~ exceeds £650 but does not exceed £750 .. 2,992 £750 „ £850 .. 1,929 £850 „ £900 .. 973 £900 „ £1,000 .. 1,071 „ £1,000 „ £1,500 .. 3,885 „ £1,500 „ £2,000 .. 1,461 „ £2,000 „ £3,000 .. 1,343 „ £3,000 „ £4,000 .. 617 „ £4,000 „ £7,000 .. 641 „ £7,000 „ £10,000 .. 208 „ £10,000 .. .. .. .. 395 Total number .. .. .. .. .. .. .. 44,597 D. Classification of Taxpayers according to Amounts paid. Ordinary Special Income-tax.* War-tax.* Number of taxpayers who pay 2s. 6d. and under ss. .. .. .. 751 390 ss. „ 10s. .. .. .. 1,276 1,076 10s. „ £1 .. .. .. 2,225 1,754 £1 „ £2 .. .. .. 3,931 3,773 £2 „ £3 .. .. .. 3,406 2,984 £3 „ £4 .. .. .. 2,174 3,287 £4 „ £5 .. .. .. 1,648 2,194 £5 „ £6 .. .. .. 2,047 1,952 £6 „ £7 .. .. .. 1,144 1,665 £7 „ £10 .. .. .. 2,297 4,716 £10 „ £20 .. .. .. 4,179 7,043 £20 „ £30 .. 2,181 2,702 £30 „ £50 .. .. .. 2,769 2,558 over £50 .. .. .. .. .. 5,218 6,333 35,246 42,427

* A number of taxpayersjpay ordinary income-tax but do not pay special war-tax, and vice versa.

Approximate Copt of Paper. —Preparation, not given; printing (300 copies), £2 12s. 6u.

By Authority : Marcus F. Marks, Government Printer, Wellington.—l92l.