I move:
(1) That income tax shall be charged for the year beginning on the 6th day of April, 1967, at the rate of seven shillings in the pound.
(2) That sur-tax for the year beginning on the 6th day of April, 1967, shall be charged in respect of the income of any individual the total of which from all sources exceeds two thousand five hundred pounds and shall be so charged at the following rates, that is to say:
|
In respect of the first two thousand five hundred pounds of the income |
Nil |
|
In respect of the excess over two thousand five hundred pounds, |
|
|
for every pound of the first two thousand pounds of the excess |
Three Shillings |
|
for every pound of the next three thousand pounds of the excess |
Six Shillings |
|
for every pound of the remainder of the excess |
Nine Shillings |
(3) 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, 1927 (No. 7 of 1927).
