HC Deb 14 April 1930 vol 237 cc2686-7

Resolved, That Income Tax for the year 1929–30 in respect of the excess of the total income of an individual over two thousand pounds shall, instead of being charged at the same higher rates as were charged for the year 1928–29, be charged at rates in the pound which exceed the standard rate by the amounts specified in the second column of the following Table:

TABLE.
For every pound of the first five hundred pounds of the excess One shilling.
For every pound of the next five hundred pounds of the excess One shilling and three-pence
For every pound of the next one thousand pounds of the excess Two shillings.
For every pound of the next one thousand pounds of the excess Three shillings and six pence.
For every pound of the next one thousand pounds of the excess Three shillings.
For every pound of the next two thousand pounds of the excess Four shillings.
For every pound of the next two thousand pounds of the excess Five shillings.
For every pound of the next five thousand pounds of the excess Five shillings and sixpence.
For every pound of the next five thousand pounds of the excess Six shillings.
For every pound of the next ten thousand pounds of the excess Six shillings.
For every pound of the next twenty thousand pounds of the excess Seven shillings.
For every pound of the remainder of the excess Seven shillings and sixpence.

And it is hereby 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."