N.Z.'S BIG TEN!
* INCOMES OF £20,000
WHAT STATISTICS SHOW
There were, in 1940-41, only ten taxpayers in New Zealand whose total returnable income was £20,000 or more. Th'is is revealed in the latest statistics issued by the Government. By far the most numerous class of taxpayers was the £200 to £300 group, which numbered 68,577. Tax assessed, and presumably paid, was contributed in the largest degree by those in the £1000 and £2000 income group. The people in this group paid into the public account £1,533,639. No other group even approached the million mark. The ten taxpayers with £20,000 or more paid up to the tune of £121,931. Surprisingly, there were nearly 8000 taxpayers in the £1000-£2OOO group, and little more than 2000 people in the £900-£IOOO section. The following table is revealing:—
No. of Tax Income groups taxpayers assessed £ Under 200 ... 6,001 37,6(38 200 and under 300 ... 336,242 300 „ 400 ... 64,229 "4,152 400 „ 500 ... 27,263 613,162 500 •• 600 ... 13,437 493,258 600 " 700 ... 7,672 403,393 700 " 800 ... 4,825 336,852 800 . 900 ... 3.443 - 306,894 900 1,000 ... 2,308 1,000 „ 2,000 ... 7,989 1.533,639 2,000 „ 3.000 ... 1,604 ™,426 3,000 „ *,000 .. . 546 440,383 4 000 5,000 . . . 246 288,277 5,000 eiooo ... 104 165 433 6,000 .. 7,000 ... 53 7,000 ,, 8,000 ... 33 71,366 8,000 „ 9,000 ... 30 62,459 9,000 » 10,000 ... 28 77,884 10,000 20,000 ... 52 HHi? 20,000 and over ... 10 121,031 Totals 208.458 £7,361,809
N.Z.'S BIG TEN!
Auckland Star, Volume LXXIV, Issue 169, 19 July 1943, Page 4
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