INCOME TAX

Press, Volume LXXXIX, Issue 26967, 17 February 1953, Page 3

INCOME TAX

Nftin^? h n s ‘ atemen t prepared by the uVtoe 3 ““A 1-° fig! National r° s J of 11VI ?8 (through the pX n ) al h^CTy 8 2 P 7 r Ter”S e £365 h S a 5 es / he ' l949 ’ £s <» worth only £3®-. Deducting the taxpayer’s £l2 Us 3d leaves him with £352 8s 9d T. th the £479 16s 3d in 1949 So Mr Nash s phrase still stands' “It’s YbuVete, haVe lef ‘ that February 16, 1953. J.T.M.

N a .t i S n ?l Pa rty’s statement how rn/Jh ? ° f Feb 3 uar y 13 setting out now much less we have to pay by way whieh C tb e is a lueer Will or £ l , nai 7 man in the street will not be able to follow. They say off man on £5OO toda y is bette? mrn ? ow ’ on £5O0 ’ income as returned, personal allowance £2OO, tax*ncome £3OO, tax payable £45, s c ? e i r Cen ii ( e . £2 ss) ’ whi ch totals inrnnS’ + IeSS recate ’ leaving an £2? 6c: £ X de K of * £32 5s gainst 6s 3d in the statement.—Yours, „ . BY THE WAYSIDE. Halswell, February 14, 1953.