8.—5

20

Comparative Statement of Land-tax and Income-tax assuming Unimproved Value of Land is 60 per Cent. of Total Capital in Land, Improvements, Stock, and Plant, and assuming an Earning of 12½ per Cent. on Total Capital employed before Deduction of Land and Income Tax.

5 per Cent, on Unimproved Value allowed as Taxable Deduction Income. from Assessable Income. 6. 7. I Income-tax. 8. I Land-tax on Unimproved Value. 9. I I Total Tax. 10. Without Land-tas j Percentage ' .Net Income y j : to Capital , biforel ■ I after Taxes l h "j„° ' Exemp-; Taxable deducted. | Won. ! Income. ; deducted. 11. 12. 13. 14. x. Income-tax. 15. Excess of Land Excess of and Income Income-tax Tax over only over Income-tax Land and only. : Income Tax. 16. 17 Without Land-tax. Unimproved Value (60 per Cent.). provements (40perCent.). ana htocK. Net Income on Capital employed before Taxes deducted. Exemption. 1. 2. 3. 4. o. £ 500 937i 1,250 1.562J 1,875 2,500 3,750 5,000 6,250 8,750 11,875 15,000 18,750 25,000 31,250 37,500 43,750 £ 300 i £ £ £ s. d. £ s. d. £ s. d. 120 : 80 4 16 0 14 5 4 19 1 4 225 712 53 16 6 29 7 7 83 4 1 300 950 83 2 6 41 13 4 124 15 10 375 ! 1,187 117 18 6 55 4 3 173 2 9 450 1,425 158 10 7 70 0 0 228 10 7 600 1,900 256 10 0 103 6 8 359 16 8 900 2,850 520 2 6 185 0 0 705 2 6 1,200 3,800 874 0 0 286 13 4 I 1,160 13 4 1.500 4,750 1,318 2 6 408 6 8 1,726 9 2 2,100 6,650 2,369 12 711 13 4 3,080 14 6 2,850 9,025 3,751 0 4 1,203 6 8 4,954 7 0 3,600 11,400 5,016 0 0 j 1,820 0 0 6,836 0 0 4,500 14,250 ! 6,270 0 0 2,725 0 0 8,995 0 0 6,000 19,000 8,360 0 0 4,633 6 8 12,993 6 8 7,500 23,750 , 10,450 0 0 6,541 13 4 16,991 13 4 9,000 : 28,500 '; 12,540 0 0 7,850 0 0 20,390 0 0 10,500 I 33,250 14,630 0 0 9,158 6 8 23,788 6 8 I ! i . . : i . i £ 2,400 : 4,500 6,000 7.500 9.000 12,000 ; 18,000 24.000 , 30,000 ! 42,000 ; 57,000 I 72,000 ! 90,000 120,000 i 150,000 | 180,000 210,000 ! £ 1,600 3,000 4,000 5,000 6,000 8,000 12.000 16,000 20,000 28,000 38,000 48,000 60,000 80,000 100,000 120,000 140,000 £ 4,000 7,500 10,000 12,500 15,000 20.000 30,000 40.000 50,000 70,000 95,000 120,000 150,000 200,000 250,000 300,000 350.000 £ 12-02 500 11-39 937i 11-25 1,250 11-11 1,5621 10-98 1,875 10-70 2,500 ! 10-15 3,750 9-60 5,000 9-04 6,250 8-10 8,750 7-28 11,875 6-80 , 15,000 6-50 18,750 6-00 25,000 5-70 31,250 5-70 37,500 5-70 43,750 £ 300 £ £ s. d. £ s. d. | £ s. d. 200 12 0 0 7 14 937-| 81 7 6 1 16 7 1,250 128 2 6 .. 3 6 8 1.562J 184 5 6 I .. 11 2 9 1,875 250 15 7 .. 22 5 0 2,500 412 10 0 .. 52 13 4 3,750 853 2 6 .. 148 0 0 5,000 1,450 0 0 .. 289 6 8 6,250 2,164 12; .. 437 12 0 8.750 3,576 11 2 .. 495 16 8 11,875 5,225 0 0 .. : 270 13 0 15,000 6,600 0 0 236 0 0 18,750 8,250 0 0 745 0 O 25,000 11,000 0 0 I 1,993 6 8 31,250 13,750 0 0 ' 3,241 13 4 37,500 16,500 0 0 j 3,890 0 0 43,750 19,250 0 0 j 4,538 6 8 I I Comparative Statement as above assuming ax Ea: .sting of 15 per Cent, on Total Capital employed before Deduction of Land and Income Tax. 2,400 4,500 6,000 7,500 9,000 12,000 18,000 24,000 30,000 42,000 57,000 ! 72,000 90,000 120,000 150,000 180,000 210,000 ; 1,600 4,000 3,000 7,500 4,000 ' 10,000 5,000 12,500 6,000 15.000 8,000 20,000 12,000 30,000 16,000 40,000 20,000 l 50,000 28,000 ! 70,000 38,000 95,000 48,000 120,000 60,000 150,000 80,000 200,000 100,000 250,000 120,000 300,000 140,000 350,000 600 1,125 1,500 1,875 2,250 3,000 4,500 6,000 7,500 10,500 14,250 18,000 22,500 30,000 37,500 45,000 52,500 300 120 180 10 16 0 225 900 76 10 0 300 1,200 120 0 0 375 ! 1,500 172 10 0 450 i 1,800 234 0 0 600 I 2,400 384 0 0 900 j 3,600 792 0 0 1,200 ! 4,800 1,344 0 0 1,500 ; 6,000 2,040 0 0 2,100 8,400 3,360 0 0 2,850 11,400 5,016 0 0 3,600 14,400 6,336 0 0 4,500 18,000 7,920 0 0 6,000 24,000 10,560 0 0 7,500 30,000 13,200 0 0 ' 9.000 36.000 15,840 0 0 10,500, 42,000 18,480 0 0 10 16 0 14 5 4 25 1 4 1437 600 300 300 18 0 0 7 14 76 10 0 29 7 7 105 17 7 1359 1,125 .. 1,125 108 5 7 .. 2 8 0 120 0 0 41 13 4 161 13 4 13-38 1,500 .. 1,500 172 10 0 .. 10 16 8 172 10 0 55 4 3 227 14 3 13-18 1,875 ! .. 1,875 250 15 7 .. 23 1 4 234 0 0 70 0 0 | 304 0 0 12-97 2,250 ! .. 2,250 343 2 6 .. 39 2 6 384 0 0 103 6 8 ! 487 6 8 12-56 3,000 .. 3,000 570 0 0 .. 82 13 4 792 0 0 185 0 0 977 0 0 11-74 j 4,500 .. 4,500 1,192 10 0 .. 215 10 0 1,344 0 0 286 13 4 ! 1,630 13 4 10-92 6,000! .. 6,000 2,040 0 0 .. 409 6 8 2,040 0 0 408 6 8 2,448 6 8 10-10 7,500 ! .. 7,500 2,831 5 0 .. 382 18 4 3,360 0 0 711 13 4 I 4,071 13 4 9-18 10,500 .. 10,500 4,620 0 0 .. 548 6 8 5,016 0 0 1,203 6 8 I 6,219 6 8 | 8-45 14,250 .. 14,250 ! 6,270 0 0 .. 50 13 4 6,336 0 0 1,820 0 0 : 8,156 0 0 8-20 18,000 I .. 18,000 7,920 0 0 236 0 0 7,920 0 0 I 2,725 0 0 10,645 0 0 ■■ 7-90 22,500 . .. 22,500 9,900 0 0: 745 0 0 10,560 0 0 4,633 6 8 15,193 6 8 7-40 30,000 .. 30,000 13,200 0 0 1,993 6 8 13,200 0 0 6,541 13 4 19,741 13 4 7-10 37,500 .. 37,500 16,500 0 0 3,241 13 4 15,840 0 0 7,850 0 0 23,690 0 0 7-10 45,000 ! .. 45,000 19,800 0 0 3,890 0 0 18,480 0 0 9,158 6 8 27,638 6 8 7-10 52,500 , .. 52,500 23,100 0 0 4,538 6 8 14 5 4 29 7 7 41 13 4 55 4 3 70 0 0 103 6 8 185 0 0 286 13 4 408 6 8 711 13 4 1,203 6 8 1,820 0 0 2,725 0 0 4,633 6 8 6,541 13 4 7,850 0 0 9,158 6 8 25 1 4 105 17 7 161 13 4 227 14 3 304 0 0 487 6 8 977 0 0 1,630 13 4 2,448 6 8 4,071 13 4 ! 6,219 6 8 8,156 0 0 10,645 0 0 15,193 6 8 19,741 13 4 23,690 0 0 27,638 6 8 1437 600 13-59 1,125 13-38 1,500 13-18 1,875 12-97 2,250 12-56 3,000 11-74 j 4,500 10-92 6,000 10-10 7,500 9-18 10,500 8-45 14,250 | 8-20 18,000 ! 7-90 22,500 7-40 30,000 7-10 37,500 7-10 45,000 7-10 52,500 300 I I III I ' I i i i i i i [i