HC Deb 27 April 1920 vol 128 cc1079-80

"17. That— (a) the additional duty of Income Tax (called Super-tax) shall be charged in respect of incomes which exceed £2,000 as follows:—

In respect of the first £2,000 of the income Nil.
In respect of the excess over £2,000—
For every pound of the first £500 of the excess One and shilling sixpence.
For every pound of the next £500 of the excess Two shillings.
For every pound of the next £1,000 of the excess Two and shillings and sixpence.
For every pound of the next £1,000 of the excess Three shillings.
For every pound of the next £1,000 of the excess Three and shillings sixpence.
For every pound of the next £1,000 of the excess Four shillings.
For every pound of the next £1,000 of the excess Four and shillings sixpence.

For every pound of the next £12,000 of the excess Five shillings.
For every pound of the next£10,000 of the excess Five and shillings sixpence.
For every pound of the remainder of the excess Six shillings.

(b) the like provisions shall have effect with respect to the Super-tax so charged as had effect with respect to the Super-tax charged for the year beginning the sixth day of April, nineteen hundred and nineteen.

And it is declared that it is expedient in the public interest that this Resolution shall have statutory effect under the provisions of the Provisional Collection of Taxes Act, 1913."