B—6

Table No. 10 RETAIL PRICES OF BASIC FOODSTUFFS

Table No. n COMPANY INCOME Kate of surtax 33J per cent., reduced to 15 per cent., and the combined social security and national security rate reduced from 2s. 6d. to 25., both reductions operating: for income derived by companies during the year ended 31st March, 1946, the positionis :

XIII

Retail Price (in New Zealand Currency). Commodity. Unit of Quantity. New Zealand (June, 1946). Australia (Sydney), (May, 1946). South Africa 1 (May, 1946). Great i Britain (May, 1946). 1 1 Canada ! (February, 1946). United States of America (January, 1946). Bread Flour Tea Sugar Milk Butter Cheese Beef (prime ribs) Mutton, leg Mutton, shoulder Bacon 2 lb. loaf 25 lb. bag lb. lb. quart lb. lb. lb. lb. lb. lb. s. d. 0 5f 4 4 3 lOi 0 4 - 0 6f 1 6 1 0 0 7f 0 10 0 7 1 S. d. 0 5| 5 3| 2 3 0 4 0 lb 1 8" 1 5| 0 8 0 9i 0 5$ 1 10 s. d. 0 8£ 8 1I| 3 1 0 4J 1 o| 2 11 2 3£ 0 10 1 3 1 Oi 2 10 s. d. 0 of 6 6i 3 6i 0 5 0 Hi 2 1 1 4£ i n 1 10 0 10 2 41 s. d. 0 9 5 9J 4 41 0 5f 0 7 2 H 1 11* 2 31 2**71 s. d. 1 11 9 111 5 ll| 0 5 0 llj 3 4f 2 21 2 0£ 2**61

Assessable Income. Income-tax. Social Security Charge and National Security Tax. Total. Residue left. Increase in Residue under Budget. Proposals. £ £ s. d. £ £ s. d. £ s. d. £ 1,000 191 13 4 100 291 13 4 708 6 8 55 2,000 479 3 4 200 679 3 4 1,320 16 8 126 3,000 862 10 0 300 1,162 10 0 1,837 10 0 213 4,000 1,341 13 4 400 1,741 13 4 2,258 6 8 313 5,000 1,916 13 4 500 2,416 13 4 2,583 6 8 430 6,000 2,587 10 0 600 3,187 10 0 2,812 10 0 564 7,000 3,309 8 9 700 4,009 8 9 2,990 11 3 663 8,000 4,025 0 0 800 4,825 0 0 3,175 0 0 797 9,000 4,528 2 6 900 5,428 2 6 3,571 17 6 896 10,000 5,031 5 0 1,000 6,031 5 0 3,968 15 0 996