B—6

Table No. 10 RETAIL PRICES OF BASIC FOODSTUFFS

Table No.11 MARRIED TAXPAYER—DEPENDENT WIFE AND TWO CHILDREN

47

Retail Price (in New Zealand Currency). Commodity. Unit of Quantity. New Zealand Australia South Africa (Cape Town),! (May, 1947). j Great | Canada United States of America (February, 1947). (Wellington), (June, 1947). (Sydney), (May, 1947). Britain 1 (April, 1947).! (March, 1947). s. d. s. d. s. d. s. d. s. d. s. d. Bread 2 lb. 0 51 0 5f 0 81 o 0 10i 1 5k Flour 25 lb. .. 4 3f 5 41 8 10f 6 6i 6 4| 13 3 Tea lb. 3 n 2 95 8} 3 6* 5 51 6 0| Coffee.. lb. 3 10 2 0 3 1 2 10± Sugar lb. 0 4 0 4 0 4f 0 5 0 61 0 7i Milk (fresh) Quart .. 0 7 o u 1 0i 0 11| 0 ll| 1 21 Butter lb. 1 6 1 8 2 11 1 10J 2 9f 4 9 Cheese lb. 1 0 1 51 2 3i 1 01 2 lOf 3 10 Bacon lb. 1 6f 1 10 3 5J 2 4i 3 7 4 31 Raisins lb. 0 11 1 1 1 6 1 Of 1 7 Prunes lb. 1 3 2 2* i o| 1 2* i"n Canned peaches 30 oz. tin 2 3f 1 "*2f 1 llf 2 4i 2 0 Beef (rib roast).. lb. 0 8J 0 8 o io i n CO 3 51 Mutton (leg) lb. 0 10 0 101 1 3 1 10 Pork — Loin lb. 1 0 1 5£ 2 11| Chops lb. 1 2 1 6 i ioi 3'ii|

Fixed Gross Income per Annum. Tax Payment during Financial Year ended 31st March, 1946 : Residue includes Family Benefit paid subject to Means Test. Tax Payment during Financial Year ended 31st March, 1947: Residue, including universal family benefit £52. Increase in Residue. Tax Residue Tax Residue £ £ £ £ £ £ 400 .. 58 40 342 412 70 500 .. 87 64 413 488 75 600 .. 120 90 480 562 82 800 .. 188 146 612 706 94 1,000 .. 263 207 737 845 108 1,500 .. 480 391 1,020 *1,161 141 2,000 .. 738 613 1,262 *1,439 177 Income-tax at basic rate, plus 33J per cent. Combined charge at 2s. 6d. Income-tax based on income derived during year ended 31st March, 1945, and paid in February, 1946. Wife exemption, £50. Child exemption, £50. Income-tax at basic rate, plus 15 per cent. Combined charge assumed at 2s. for whole of year. Income-tax based on income for year ended 31st March, 1946, and payable in February, 1947. Wife exemption, £100. *Maximum rebate in tax, £26. Child exemption, £50.