§ 8. "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 2,000l. of the income | Nil. |
In respect of the excess over 2,000l.— | |
For every pound of the first 500l. of the excess | Ninepence. |
For every pound of the next 500l. of the excess | One shilling. |
For every pound of the next 1,000l. of the excess | One shilling and sixpence. |
For every pound of the next 1,000l. of the excess | Two shillings and threepence. |
For every pound of the next 1,000l. of the excess | Three shillings. |
For every pound of the next 2,000l. of the excess | Three shillings and sixpence. |
For every pound of the next 2,000l. of the excess | Four shillings. |
For every pound of the next 5,000l. of the excess | Four shillings and sixpence. |
For every pound of the next 5,000l. of the excess | Five shillings. |
For every pound of the next 10,000l. of the excess | Five shillings and 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 twenty-four.
§ 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."