Taxation
Sir, —When the new P.A.Y.E. table was published it said noone would pay more, yet I find I pay rqore on the same gross income. When the secondary tax was made a flat rate of 4s 6d I paid 6d in the £ more, 5s a week. In my case primary income superannuation has remained the same, and while I know those doing secondary get scant sympathy the general idea being “You're all right, Jack,” there is many a man with an M.l. tax code who finds he needs a bit of extra these days. Though I did not expect much reduction I cannot reconcile a 5s weekly increase in tax with the information that no-one will pay more.—Yours, etc., MORE IN SORROW. June 18, 1960.
[We are informed that the system for secondary employment has changed since April 1 Where previously the rates varied according to code (e.g.. S. 4s 8dSI, 4s 6d; M, 4s 2d; Ml, 4s; M2. 3s lOd; M 3, 3s 8d) there is now in the new tables, one standard rate only for secondary employment of 4s 6d which is equivalent to the minimum standard rate of income tax of 3s plus Is 6d social security tax. However, any person who considers that by the use of the flat secondary employment rate he is paying more on his total income from his two employments than he wculd pay on the same total from one employment (which can occur when the remuneration from his primary employment does not cover the special exemptions such as personal allowance or wife and child exemption to which he may be entitled) may have the matter adjusted in either one of two ways. He can furnish a return after the end of the income year, or obtain an immediate adjustment by applying to the tax office for a special tax code specifying the deduction to be applied to his secondary employment.]
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Bibliographic details
Press, Volume XCIX, Issue 29239, 24 June 1960, Page 3
Word Count
320Taxation Press, Volume XCIX, Issue 29239, 24 June 1960, Page 3
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