HC Deb 11 May 1983 vol 42 c790
790
§
Resolved,
That income tax for the year 1983–84 shall be charged—
- (a) in respect of so much of an individual's total income as exceeds £12,800 at such higher rates as are specified in the Table below; and
- (b) in respect of so much of the investment income included in an individual's total income as exceeds £6,250 at the additional rate of 15 per cent.
| Part of excess over £12,800 |
Higher rate per cent. |
| The first £2,300 |
40 |
| The next £4,000 |
45 |
| The next £6,200 |
50 |
| The next £6,200 |
55 |
| The remainder |
60 |
§
—1 [Mr. Britian.]