Resolution No. 2 has been circulated to the Deputies. I want to draw attention to a mistake in page 2, paragraph 2, of the resolution, where the words in the margin, "three shillings," should read "two shillings and threepence." The resolution will then read:
No. 2—SUR-TAX.
(1) That in addition to the income tax charged at the rate prescribed for any year there shall be charged. levied and paid for that year, in respect of the income of any individual, the total of which from all sources exceeds two thousand pounds, an additional duty of income tax (in this resolution referred to as sur-tax) at the rate or rates prescribed by the Oireachtas for that year.
(2) That sur-tax shall be due and payable on or before the 1st day of January next after the end of the year of assessment, except that sur-tax or any part of sur-tax included in an assessment which is signed and allowed on or after the said 1st day of January, shall be deemed to be due and payable on the day next after the day on which the assessment is signed and allowed.
(3) That sur-tax shall be charged for the year beginning on the 6th day of April, 1928, at the following rates:
|
In respect of the first two thousand pounds of the income |
Nil |
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In respect of the excess over two thousand pounds— For every pound of the first five hundred pounds of the excess |
Ninepence |
|
For every pound of the next five hundred pounds of the excess |
One shilling |
|
For every pound of the next one thousand pounds of the excess |
One shilling and sixpence |
|
For every pound of the next one thousand pounds of the excess |
Two shillings and threepence |
|
For every pound of the next one thousand pounds of the excess |
Three shillings |
|
For every pound of the next two thousand pounds of the excess |
Three shillings and sixpence |
|
For every pound of the next two thousand pounds of the excess |
Four shillings |
|
For every pound of the remainder of the excess |
Four shillings and sixpence |
Resolution, as altered, proposed.
