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LAND TAXATION.

PRESENT AND PROPOSED RATES. The following table, giving examples of land taxation under the present scale and under the new proposals outlined in the Budget, has been prepared by Mr. G. W. Sellar. The percentage as well as the amount of increased taxation is shown in each case:— Unimprv. Per Present Proposed Value. Cent. Tax. Tax.

£ £ * d. £ 8. d. 12,500 77 18 8 12,550 1 78 7 4 79 3 0 12,600 12,650 2 78 16 0 80 7 9 3 79 4 10 81 12 4 12,700 4 79 13 8 82 1-1 5 12,750 5 80 2 5 84 2 7 12,800 12,850 6 80 11 3 85 7 10 7 81 0 1 86 14 1 12.900 8 81 9 0 87 B 1 12,950 9 81 17 11 88 5 3 1.3.000 10 82 6 8 90 4 13,500 20 87 1 <•> 9 104 4 1 14,000 30 91 8 9 118 17 S 14,500 40 96 0 10 134 1 IT 15.000 50 100 18 9 151 8 o 154*00 53 109 w 7 168 0 8 16,800 56 1'19 0 7 185 14 « 17.700 59 129 ii 0 204 7 11 18,600 62 138 8 3 224 4 9 19.500 65 148 11 9 246 3 5 20,400 68 159 1 6 267 '5 1 21,300 71 169 17 10 290 10 <1 22,200 ' 74 ' 181 0 6 315 19 7 23,100 77 192 9 7 340 13 9 24,000 80 204 5 0 367 13 0 24,900 83 216 6 11 395 18 3 25,800’ 86 238 15 3 425 » B 26,700 89 241 10 0 456 8 7 27,600 92 254 11 0 488 14 10 28,500 95 267 Is 8 524 9 4 29,400 98 281 12 6 .559 13 7 30.000 100 290 18 9 581 17 6

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WAG19290822.2.40

Bibliographic details

Wairarapa Age, 22 August 1929, Page 5

Word Count
310

LAND TAXATION. Wairarapa Age, 22 August 1929, Page 5

LAND TAXATION. Wairarapa Age, 22 August 1929, Page 5

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