8.-6

XXXIII

Table showing how the Proposed Graduated Hate will affect Country Estates [The rate of graduated tax for an estate of £30,000 will be - 71875 of a penny in the pound, and for every pound of increase in value above £30,000 the rate will increase by 00003 of a penny. This progressive rate of increase will cease at £200,000, and all estates above that value will carry a rate of 5f of a penny in the pound.] Unimproved Value of Graduated Tax under Graduated Tax under Country Estate. New System. Old System. £ £ s. d. £ s. d. 31,000 120 17 10* 9(5 17 6 35,700 165 8 9* 120 17 2 39,000 200 16 8* 132 0 7 45,900 285 17 1* 258 3 9* 50,800 355 5 4* 317 10 0* 65,850 615 7 5* 535 0 7* 70,900 718 10 1* 620 7 6* 85,700 1,066 13 5* 910 11 3* 95,900 1,346 9 4* 1,138 16 3* 110,800 1,813 12 6* 1,523 10 0* 115,700 1,982 8 4* 1,663 3 9* 120,700 2,162 7 7* 1,810 10 0* 140,900 2,968 19 9* 2,465 15 0* 150,800 3,410 17 3* 2,827 10 0* 180,600 4,925 16 4* 4,063 10 0* 190,000 5,461 5 2* 4,512 10 0* ::: N.B.—These figures include the 25 per cent, additional tax. The above are assumed to be country estates. The 25 per cent, additional is not added to town estates. The three first-mentioned estates on this list would not be subject to the 25 per cent, under the existing system as they are under £40,000 in value.

v—B. 6.