Taxation in the New State
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And 2. 94 of the total income.
94 TAXATION IN THE NEW STATE SECOND STAGE. — INCOMES of £600 to £1000.
The tax progresses successively by 6d. In the £1 on every additional £100 of Income.
Average rate in £ Percent- Tax Tax on of Tax Total Tax age of in £.
respective over payable.
Income £100.
total Income.
payable.
fith £100 1/9 £8 15 -/ll £27 10 4. 58 7th 100 2/3 11 5 1/1 38 15 6. 53 8th 100 2/9 13 15 1/3^4 52 10 6. 56 9th 100 3/3 16 5 1/6 68 15 7. 63 10th 100 3/9 18 15 1/9 87 10 8. 75 Example ...: — What is the tax on an income of £823?
On £800 " y 23 £52 10 An average of 1/3%. 3 14 9 At 3/3 in£.
Total £56 4 9 An average of just over 1 /4Ji.
THIRD STAGE. — £1000 to £10, 000.
Average rate in Percent- Tax Tax on £ of Tax Total Tax age of in £.
respective £1000.
over total Income.
payable Income payable.
1st £1000 1/9 £87 10 1/9 £87 10 8. 75 2nd 1000 2/9 137 10 2/3 225 11. 25 3rd 1000 3/9 187 10 2/9 412 10 13. 76 4th 1000 4/9 237 10 3/3 650 16. 25 5th 1000 5/9 287 10 3/9 937 10 18.
What to read after Taxation in the New State?
You can find similar books in the "Read Also" column, or choose other free books by J a John Atkinson Hobson to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
And 2. 94 of the total income.
94 TAXATION IN THE NEW STATE SECOND STAGE. — INCOMES of £600 to £1000.
The tax progresses successively by 6d. In the £1 on every additional £100 of Income.
Average rate in £ Percent- Tax Tax on of Tax Total Tax age of in £.
respective over payable.
Income £100.
total Income.
payable.
fith £100 1/9 £8 15 -/ll £27 10 4. 58 7th 100 2/3 11 5 1/1 38 15 6. 53 8th 100 2/9 13 15 1/3^4 52 10 6. 56 9th 100 3/3 16 5 1/6 68 15 7. 63 10th 100 3/9 18 15 1/9 87 10 8. 75 Example ...: — What is the tax on an income of £823?
On £800 " y 23 £52 10 An average of 1/3%. 3 14 9 At 3/3 in£.
Total £56 4 9 An average of just over 1 /4Ji.
THIRD STAGE. — £1000 to £10, 000.
Average rate in Percent- Tax Tax on £ of Tax Total Tax age of in £.
respective £1000.
over total Income.
payable Income payable.
1st £1000 1/9 £87 10 1/9 £87 10 8. 75 2nd 1000 2/9 137 10 2/3 225 11. 25 3rd 1000 3/9 187 10 2/9 412 10 13. 76 4th 1000 4/9 237 10 3/3 650 16. 25 5th 1000 5/9 287 10 3/9 937 10 18.
What to read after Taxation in the New State?
You can find similar books in the "Read Also" column, or choose other free books by J a John Atkinson Hobson to read onlineMoreLess
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