21

B. 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 20 per Cent. on Total Capital employed before Deduction of Land and Income Tax.

Approximate Cost of Paper. — Preparation, not given; printing .(750 copies), £32 10s.

By Authority : W. A. G. Skinner, Government Printer, Wellington.— 1922.

Price 9d.]

j J I improved Implements, Value and Im- ; "^HSgw (60 per provements' a „ d |L c J k Cent.). (40perCent.). ana stock. 1. 2. j 3. Net Income on Capital employed before Taxes deducted. Exemption. 5 per Cent, on Unimproved Value allowed as Taxable Deduction Income. from Assessable Income. 6. 7. Income-tax. 8. Land-tax on Unimproved Value. 9. Total Tax. 10. Without Land-ta5 Percentage i after Taxes l h " f „° ' JExemp- Taxable deducted. : ■ tion - Income. : deducted. 11. 12. 13. 14. Without Land-tax. x. Income-tax. 15. _J Excess of Land Excess of and Income Income-tax Tax over only over Income-tax Land and only. Income Tax. 16. 17 . *• 5. £ £ £ 2,400 I 1,600 4,000 j 4,500 ! 3,000 7,500 6,000 i 4,000 10,000 7,500 : 5,000 12,500 9.000 6,000 15,000 12,000 ' 8,000 20,000 18,000 12,000 30,000 24,000 16,000 40.000 30,000 20,000 50,000 ! 42,000 28,000 70.000 57,000 38,000 95,000 72,000 48,000 120,000 90,000 60,000 I 150,000 120,000 80,000 i 200,000 150,000 100,000 : 250.000 180,000 120,000 ' 300.000 210,000 140,000 j 350,000 ! £ 800 1,500 2,000 2,500 3,000 4,000 6,000 8,000 10,000 14,000 19,000 24,000 30,000 40,000 50,000 60,000 70,000 j £ 100 £ £ £ s. d. £ s. d. £ s. d. 120 580 40 0 5 14 5 4 54 5 9 225 1,275 132 5 7 29 7 7 161 13 2 j 300 ; 1,700 212 10 0 41 13 4 254 3 4 375 2,125 310 15 7 55 4 3 365 19 10 450 2,550 427 2 6 70 0 0 497 2 6 600 3,400 : 714 0 0 103 6 8 817 6 8 900 5,100 1,504 10 0 185 0 0 i 1,689 10 0 1,200 6,800 2,448 0 0 286 13 4 2,734 13 4 1,500 8,500 3,421 5 0 408 6 8 3,829 11 8 2,100 11,900 5,236 0 0 711 13 4 ! 5,947 13 4 2,850 ; 16,150 7,106 0 0 1,203 6 8 i 8,309 6 8 3,600 20,400 : 8,976 0 0 1,820 0 0 10,796 0 0 4,500 ] 25,500 11,220 0 0 2,725 0 0 13,945 0 0 6,000 ! 34,000 14,960 0 0 4,633 6 8 19,593 6 8 7,500 i 42,500 : 18,700 0 0 6,541 13 4 25,241 13 4 9,000 '. 51,000 ! 22,440 0 0 7,850 0 0 30,290 0 0 10.500 59,500 j 26,180 0 0 9,158 6 8 35,338 6 8 I ' ■ £ 18-64 800 17-84 1,500 17-45 2,000 17-07 2,500 16 68 3,000 15-91 4,000 14-37 6,000 13-17 8,000 12-34 10,000 11-50 14,000 11-25 19,000 11-00 24,000 10-70 30,000 10-20 40,000 9-90 50,000 9-90 60,000 9-90 70,000 I £ £ 100 700 1,500 2,000 2,500 3,000 4,000 6,000 8,000 .. . 10,000 14,000 19,000 24,000 30,000 40,000 50,000 60,000 70,000 £ s. d. £ s. d. £ s. d. 52 10 0 1 15 9 172 10 0 .. 10 16 10 280 0 0 .. 25 16 8 412 10 0 .. 46 10 2 570 0 0 .. 72 17 6 960 0 0 .. 142 13 4 2,040 0 0 .. 350 10 0 3,120 0 0 .. 385 6 8 4,400 0 0 .. 570 8 4 6,160 0 0 .. 212 6 8 8,360 0 0 .. 50 13 4 10,560 0 0 236 0 0 13,200 0 0 745 0 0 17,600 0 0 1,993 6 8 22.000 0 0 3,241 13 4 26,400 0 0 3,890 0 0 30,800 0 0 4,538 6 8 1