New tax scale
The new tax scale takes effect from February 1.
Taxable Present New Annual tax income tax tax saving $ $ $ $ 1000 145.00 145.00 1,1 ■ 2000 290.00 290.00 “ ■ ■ 3000 435.00 435.00 4000 580.00 580.00 — 5000 745.50 725.00 20.50 6000 1095.50 972.50 123.00 7000 1445.50 1322.50 123.00 8000 1795.50 1672.50 123.00 9000 2145.50 2022.50 123.00 10,000 2495.50 2372.50 123.00 11,000 2845.50 .2722.50 123.00 12,000 3260.50 3072.50 188.00 13,000 3740.50 3474.50 266.00 14,000 4220.50 3954.50 266.00 15,000 4700.50 4434:50 266.00 16,000 5180.50 4914.50 266.00 ' 5730.50 5394.50 336.00 18,000 6280.50 5902.50 378.00 20,000 7380.50 7002.50 378.00 25,000 10,280.50 9902.50 378.00
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Bibliographic details
Press, 26 November 1980, Page 1
Word Count
97New tax scale Press, 26 November 1980, Page 1
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Acknowledgements
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