HC Deb 31 July 1940 vol 363 c1260

10. "That Income Tax for the year 1939–40 in respect of the excess of the total income of an individual over two thousand pounds shall, instead of being charged at the rates mentioned in Section twelve of the Finance Act, 1940, be charged at rates exceeding the standard rate by the amounts specified in the second column of the following Table; and that such amendments shall be made in the Income Tax Acts as are consequential on the foregoing provisions of this Resolution:

TABLE.
For every pound— s. d.
of the first five hundred pounds of the excess 2 0
of the next five hundred pounds of the excess 2 3
of the next one thousand pounds of the excess 3 3
of the next one thousand pounds of the excess 4 3
of the next one thousand pounds of the excess 5 0
of the next two thousand pounds of the excess 5 9
of the next two thousand pounds of the excess 7 0
of the next five thousand pounds of the excess 8 3
of the next five thousand pounds of the excess 9 0
of the remainder of the excess 9 6