B—6

Table No. 12 MARRIED TAXPAYER-DEPENDENT WIFE AND TWO CHILDREN

XIV

Fixed Gross Income per Annum. Tax Payment during Financial Year ended 31st March, 1946 : Residue includes Family Benefit paid subject to Means Test. Tax Payment during Financial Year ended 31st March, 1947: Residue, including universal family benefit £52. Increase in Residue. Tax Residue Tax Residue £ £ £ £ £ £ 400 .. 58 40 342 412 70 500 .. . 87 64 413 488 ~ 75 600 .. 120 90 480 562 82 800 .. 188 146 612 706 94 1,000 .. 263 207 737 845 108 1,500 .. 480 391 1,020 *1,161 141 2,000 v .. 738 613 1,262 *1,439 177 ! Income-tax at basic rate, plus 33} per cent. Combined charge at 2s. 6d. Income-tax based on income derived during year ended 31st ' March, 1945, and paid in Febru1 ary, 1946. Wife exemption, £50. Child exemption, £50. Income-tax at basic rate, plus 15 per cent. Combined charge assumed at 2s. for whole of year. Income-tax based on income for year ended 31st March, 1946, and payable in February, 1947. Wife exemption, £100. *Maximum rebate in tax, £26. Child exemption, £50.