MORE TAXPAYERS
INCOMES RISE SHARPLY <
THREE YEARS' FIGURES
Taxpaying individuals and companies increased in number by 30,686 in 1937-1938, compared with the previous tax year; their returnable income increased by £23,568,914 over the same period and they paid £2,675,925 more in taxation. Figures for the last three years are: 1935-36. 1936-37. 1937-38. Taxpayers 72,104 86,888 117,574 £ i & S, Return Income 02,673,791 72.371,195 95,940,109 Taxable Income 28,672,004 30,803,160 42,935,3*U Tax Assessed 4,264,453 6,454,117 9,130,042 The group contributing most in taxation under the heading individuals was that in the £1000 to £2000 class. These numbered 5775 in 1937-38, and they paid £841,884 on a total income of £8,524,079. Twenty-five companies earning £100,000 or over had a total income of £5,971,288, on which they paid £1,851,344 in taxation. The most numerous group among the taxable individuals and companies were the £200 to £300 class, who numbered 34,566 and paid £122,145 on a total re turnable income of £24,409,154.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19381013.2.28
Bibliographic details
Evening Post, Volume CXXVI, Issue 90, 13 October 1938, Page 8
Word Count
155MORE TAXPAYERS Evening Post, Volume CXXVI, Issue 90, 13 October 1938, Page 8
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