Trinidad (Taxation Rates)

HC Deb 25 June 1952 vol 502 c178W

73. Mr. Dugdale

asked the Secretary of State for the Colonies the rates of income tax, surtax and company tax payable in Trinidad.

Mr. Lyttelton

On the 23rd April information about rates of tax in 39 Colonies was given in reply to the right hon. Member's Question. I regret that the details for Trinidad were incorrectly stated.

The tax on companies in Trinidad is 8s. in the £. For income tax on individuals, the minimum allowance is £250. Rates are on a progressive scale, starting with 2s. in the £ on the first £208 of net chargeable income and increasing to 18s. in the £ on net chargeable income over £13,750.