8.—5

Comparative Statement of Land-tax and Income-tax assuming Unimproved Value of Land is 60 per Cent. of Total Capital in Land, Improvements, Stock, and Plant, and assuming an Earning of 7½ per Cent. on Total Capital employed before Deduction of Land and Income Tax.

4—B. 5

19

In- Stock, T . , r it . Net Income improved Implements, 1 „„,„, I! i on Capital Value andlm- ""$1*" employed (611 pel- ! provements r ?',i before Taxes Cent.). !(40perCent.). ana btock - deducted. Fxemption. 5 per Cent, on Unimproved Value allowed as Taxable Deduction Income. from Assessable Income. Income-tax. Q Land-tax on Unimproved Value. Total Tax. Without Land-tas Percentage Xet Income ... , .„ „ to Capital » hVTr T after Taxes * v£!r Kxemp- Taxable deducted. Taxes ! tion ' Income, deducted. x. Income-tax. Excess of Land Excess of and Income Income-tax Tax over only over Inrome-tax Land and onlj- Income Tax. £ 2,400 4,500 6,000 7,500 9,000 12,000 18,000 24,000 30,000 42,000 57,000 72,000 90,000 ; 120,000 150.000 180,000 210,000 I £ 1,600 3,000 4,000 5,000 6,000 8,000 12,000 16,000 20,000 28,000 38,000 48,000 60,000 80,000 100,000 120,000 140,000 £ £ 4,000 300 7,500 562£ 10,000 750 12,500 937A 15.000 1,125 20,000 1,500 30,000 2,250 40,000 3,000 50,000 3,750 70,000 5,250 95,000 7,125 120,000 9,000 150,000 11,250 200,000 15,000 250,000 18.750 300,000 22,500 350,000 26,250 £ 300 300 150 £ 120 225 300 375 450 600 900 1,200 1,500 2,100 2,850 3,600 4,500 6,000 7,500 . 9,000 in .h:aa £ £ s. d. £ s. d. i 14 5 4 37 2 4 5 29 7 7 300 18 0 0 41 13 4 562 38 5 5 55 4 3 675 49 15 7 70 0 0 900 76 10 0 - 103 6 8 1,350 145 2 6 185 0 0 1,800 234 0 0 286 13 4 2,250 343 2 6 408 6 8 3,150 , 622 2 6 711 13 4 4,275 1,084 15 7 1,203 6 8 5,400 1.674 0 0 1,820 0 0 6,750 2,421 11 2 2,725 0 0 9,000 3,735 0 0 4,633 6 8 11,250 4,950 0 0 6,541 13 4 13,500 5,940 0 0 7,850 0 0 15.75U 6.930 0 0 9,158 6 8 £ s. d. 14 5 4 31 12 0 59 13 4 93 9 8 119 15 7 179 16 8 330 2 6 520 13 4 751 9 2 ; 1,333 15 10 2,288 2 3 3,494 0 0 5,146 11 2 8,368 6 8 11,491 13 4 13,790 0 0 ] 16,088 6 8 714 ' 300 7-07 562-L 6-90 ! 750" 6-75 937* 6-70 1,125 6-60 1,500 6-40 2,250 6-20 3,000 600 3,750 5-59 5,250 5-09 7.125 4-59 9,000 406 11.250 3-31 15.000 2-90 18,750 2-90 22,500 2-90 26,250 to. £ 300 300 150 262 600 937 1,125 1,500 2,250 3,000 | 3,750 5,250 7,125 9,000 11,250 15,000 j 18,750 22,500 I 26,250 £ s. d. ! £ s. d. £ a. d. 14 5 4 15 14 5 15 17 7 42 0 0 17 13 4 81 7 6 12 2 2 108 5 7 11 10 0 172 10 0. 7 6 8 343 2 6 .. 13 0 0 570 0 0 .. 49 6 8 853 2 6 .. 101 13 4 1,588 2 6 .. 254 6 8 2,622 17 10 .. 334 15 7 3,735 0 0 .. C41 0 0 4,950 0 0 196 11 2 ' 6,600 0 0 1.768 6 8 8,250 0 0 3,241 13 4 9,900 0 0 | 3,890 0 0 11,550 0 0 4,538 6 8 Comparative Statement as above assuming an Earning of 10 pfp Hekt ox Total Capital fmpi.oyf.ii rffohf Dit.iittctk-iy n> I.avii ami Ivr-n\iF Tay tllJirAKAlut OIAltJlE.M AS AMUVE ASSUMING AN LEARNING OF It) PER LENT. OX lOTAL LA1MIAI. F..M FLO 1 F, 11 tiEFORF UEIIUCTION OF ljAXl) AND INCOME 1AX. 2,400 4,500 6,000 7,500 9,000 12,000 18,000 24,000 ! 30,000 42,000 57,000 72.000 ; 90,00(1 120.000 150,000 180.000 210.000 1.600 3,000 4.000 5,000 6.000 8,000 12,000 16,000 i 20,000 28,000 38,000 48,000 60,000 80.000 100,000 ■ 120,000 j 140.000 4,000 7,500 10,000 12.500 15,000 20,000 30.000 40,000 50,000 70,000 95,000 120.000 150.000 ' 200,000 250,000 300,000 350.000 400 750 1,000 1,250 1,500 2,000 3,000 4,000 5,000 7,000 9,500 12,000 15.000 20,000 25,000 30,000 35.000 300 150 120 225 375 300 700 375 875 450 1.050 600 1,400 900 2,100 1.200 2,800 1,500 3,500 2,100 4,900 2,850 6,650 3.600 8,400 4,500 10,500 6,000 14,000 7.500 17.500 9,000 , 21,000 in r.fif* oi enn 22 12 0 52 10 0 73 5 7 97 2 6 154 0 0 304 10 0 504 0 0 752 10 0 1,396 10 0 2,369 1 2 3,360 0 0 4,620 0 0 6.160 0 0 7,700 0 0 9,240 0 0 in -ran n n 14 5 4 29 7 7 41 13 4 55 4 3 70 0 0 103 6 8 185 0 0 286 13 4 408 6 8 711 13 4 1:203 6 8 1,820 0 0 2.725 0 0 4,633 6 8 6.541 13 4 7,850 0 0 14 5 4 51 19 7 94 3 4 128 9 10 167 2 6 257 6 8 489 10 0 790 13 4 1.160 16 8 2.108 3 4 3,572 7 10 5,180 0 0 7,345 0 0 10,793 6 8 14,241 13 4 17,090 0 0 If! f\OQ li Q 9-64 I 400 9-30 750 9-05 1,000 8-97 1,250 8 88 1,500 8-71 2,000 8-36 3,000 8-02 4,000 7-68 5,000 6-98 7,000 6-24 I 9,500 5-68 j 12,000 510 ! 15,000 4-60 20,000 4-30 25,000 4-30 30,000 4.Oil OX AAA 300 150 100 600 1,000 1,250 1,500 2,000 3.000 4.000 5,000 7,000 9,500 12.000 15.000 20,000 25,000 30,000 O X AAA 6 0 0 42 0 0 90 0 0 128 2 6 172 10 0 280 0 0 570 0 0 960 0 0 1,450 0 0 2,555 0 0 4,061 5 0 5,280 0 0 6,600 0 0 8,800 0 0 11,000 0 0 13,200 0 0 1K A (l£\ n n 8 5 4 9 19 7 4 3 4 0 7 4 745 0 0 1.993 6 8 3,241 13 4 3,890 0 0 A tlO *! Q 5 7 6 22 13 4 80 10 0 169 6 8 289 3 4 446 16 8 i 488 17 2 100 0 0 rau,(juu