9Alteration of higher rates of income tax for 1929-30
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 in pursuance of section one of the [19 & 20 Geo. 5. c. 21.] Finance Act, 1929, 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.
In respect of the first five hundred pounds of the excess | One shilling. |
In respect of the next five hundred pounds of the excess | One shilling and threepence. |
In respect of the next, one thousand pounds of the excess | Two shillings |
In respect of the next one thousand pounds of the excess | Three shillings. |
In respect of the next one thousand pounds of the excess | Three shillings and sixpence. |
In respect of the next two thousand pounds of the excess | Four shillings. |
In respect of the next two thousand pounds of the excess | Five shillings. |
In respect of the next five thousand pounds of the excess | Five shillings and sixpence. |
In respect of the next five thousand pounds of the excess | Six shillings. |
In respect of the next ten thousand pounds of the excess | Six shillings and sixpence. |
In respect of the next twenty-thousand pounds of the excess | Seven shillings. |
In respect of the remainder of the excess | Seven shillings and sixpence. |