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THE CUT.

EFFECT ON HIGH AND LOW PAID OFFICERS. ' — h WELLINGTON, July 15. I The reductions on the higher paid ' t I public servants worked out as follows, i r stated Air Alasscy:— ' t I Up to £l9o—First and second cuts. I ' £l5. . c ' £l9l to £32o—First and second cuts, ' ' £25. . S i £321 to £soo—First and second cuts, , ( :£3O: income tax, £ll. : £5Ol to £Boo—First and second cuts, s £35; income tax, £36. I I £9oo—ln one deduction, £63; income 1 tax. £45. a i £looo—Tn one deduction, £80; in- 1 : come tax, £56. t £l2so—ln one deduction, £113; in- ‘‘ 1 come tax, £B6. e The officer over £BOO was reduced in t full at one stroke, whereas the reduc- y tions for those of £BOO and below was f provided for in three stages —two of r which have been made. Even if the ( cut was made the employee at £t9o was exempt therefrom, and ho would I be reduced no further; but the £BOO a year man might lose another £lO. 8 making £45 in all, as compared with £l5 in all for the £l5O employee. I

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA19220720.2.22

Bibliographic details

Grey River Argus, 20 July 1922, Page 3

Word Count
190

THE CUT. Grey River Argus, 20 July 1922, Page 3

THE CUT. Grey River Argus, 20 July 1922, Page 3

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