8.—5

10

APPENDIX B. Table showing the Rates payable for Income-tax under the Annual Taxing Act of 1923 in respect of the specified incomes.

Amount, of Income. Rate of Tax I Average Rate of Tax per on a Taxable . £1 , , ot To , T , AI ' , lN .°°"? , ,,„.,, c actually paid bv Individuals Income oi v f ■ ni i a „ <. i j. i on Amount m 1 irst Amount stated ., . / ... . . Column, after making m j. n i Allowances for all NonIt irst Column. Tim itaxablo Exemptions. Amount of Income. Hate of Tax on a Taxable Income of Amount stated in First Column. Average Rate of Tax per £1 on Total Income actually paid by Individuals on Amount in First Column, after making Allowances for all Nontaxable Exemptions. £ 400 500 600 700 800 900 1,000 1,100 1,200 1,300 1,400 1,500 1,600 1,700 1,800 1,900 2,000 2,100 2,200 2,300 2,400 2,500 2,600 2,700 2,800 2,900 3,000 3,100 3,200 3,300 3,400 3,500 3,600 3,700 3,800 3,900 4,000 4,100 4,200 4,300 4,400 4,500 4,600 4,700 4,800 4,900 5,000 5,100 5,200 5,300 a. d. 0 9-6 0 10-4 0 11-2 1 0 1 0-8 1 1-6 1 2-4 1 3-2 1 4 1 4-8 1 5-6 1 6-4 1 7-2 1 8 1 8-8 1 9-6 1 10-4 1 11-2 2 0 2 0-4 2 1-6 2 2-4 2 3-2 2 4 2 4-8 2 5-6 2 6-4 2 7-2 2 8 2 8-8 2 9-6 2 10-4 2 11-2 3 0 3 0-8 3 1-6 3 2-4 3 3-2 3 4 3 4-8 3 5-6 3 6-4 3 7-2 3 8 3 8-8 3 9-6 3 10-4 3 11-2 4 0 4 0-8 s. d. 0 1 0 2-1 0 3-55 0 5-5 0 7-8 0 9-77 0 10-4 0 11-03 0 11-66 1 0-29 1 0-9 1 1-52 1 2-2 1 2-88 1 3-56 1 4-23 1 4-9 1 5-57 1 6-24 1 6-91 1 7-58 1 8-27 1 8-86 1 9-45 1 10-04 1 10-63 1 11-2 1 11-78 2 0-36 2 0-94 2 1-52 2 2-12 2 2-73 2 3-34 2 3-94 2 4-54 2 5-15 2 5-76 2 6-36 2 6-96 2 7-57 2 8-18 2 9-12 2 10-07 2 11-01 2 11-95 3 0-9 3 1-84 3 2-78 3 3-72 £ 5,400 5,500 5,600 5,700 5,800 5,900 6,000 6,100 6,200 6,300 6,400 6,500 6,600 6,700 6,800 6,900 7,000 7,100 7,200 7,300 7,400 7,500 7,600 7,700 7,800 7,900 8,000 8,100 8,200 8,300 8,400 8,500 8,600 8,700 8,800 8,900 9,000 9,100 9,200 9,300 9,400 9,500 9,600 9,700 9,800 9,900 10,000 10-20,000 20,000 and over a. d. 4 1-6 4 2-4 4 3-2 4 4 4 4-8 4 5-6 4 6-4 4 6-8 4 7-2 4 7-6 4 8 4 8-4 4 8-8 4 9-2 4 9-6 4 10 4 10-4 4 10-8 4 11-2 4 11-6 5 0 5 0-4 5 0-8 5 1-2 5 1-6 5 2 5 2-4 5 2-8 5 3-2 5 3-6 5 4 5 4-4 5 4-8 5 5-2 5 5-6 5 6 5 6-4 5 6-8 5 7-2 5 7-6 5 8 5 8-4 5 8-8 5 9-2 5 9-6 5 10 5 10-4 5 10-4 5 10-4 s. d. 3 4-66 3 5-61 3 6-16 3 6-71 3 7-26 3 7-81 3 8-37 3 8-92 3 9-47 3 10-02 3 10-57 3 11-13 3 10-45 3 9-79 3 9-09 3 8-40 3 7-71 3 7-03 3 6-34 3 5-66 3 4-98 3 4-29 3 4-34 3 4-38 3 4-43 3 4-48 3 4-52 3 4-56 3 4-60 3 4-64 3 4-68 3 4-74 3 5-87 3 7 3 8-14 3 9-27 3 10-4 3 11-53 4 0-66 4 1-79 4 2-93 4 4-06 4 5-19 4 6-32 4 7-45 4 8-58 4 9-71 3 3-28 3 2-78 The avei ;he higher im rage rate of tax ii 3omes, been lowe n the pound of income shown as actually pai ired through investments in debentures carry id by individua ing low maximi ,1s in the above table has, in um taxes.