3

8.—23

4. Statement showing the Results if Tax had been so graduated.

Examples : A person or company whose real property was worth £150,000 after deducting mortgages would pay £2,890 12s. 6d. a year; and a person or company whoso real property was worth £375,000 after deducting mortgages would pay £16,015 12s. 6d. a year. J. Spherey, Commissioner. Cost of Fagier. —Preparation, £2,0; printing (1,278 copies), £2 12s. Cd.]

Authority : Geobqe Didseuey, Government Printer, Wellington.—lBBB.

Capital Value of Owners' Property less Mortgage. Estimated Tax Per Annum. Income at ;j per Cent. Percentage of Tax on Iiicomo. Tax in the £1 on Income. £ 25,000 50,000 75,000 100,000 125,000 150,000 175,000 200,000 225,000 250,000 275,000 300,000 325,000 350,000 375,000 & b. a. 156 5 0 442 14 2 859 7 6 1,406 5 0 2,083 6 8 2,890 12 6 3,828 2 6 4,895 16 8 0,093 15 0 7,421 17 6 8,880 4 2 10,408 15 0 12,187 10 0 14,036 9 2 16,015 12 6 £ 1,250 2,500 3,750 5,000 6,250 7,500 8,7-50 10,000 11,250 12,500 13,750 15,000 16,250 17,500 18,750 £ s. a. 12 30 0 17 14 2 22 18 4 28 2 G 33 G 8 38 10 10 43 15 0 48 19 2 54 3 4 59 7 G 04 11 8 09 35 10 75 0 0 80 4 2 85 8 4 s. a. 2 G 3 <;i ■4 7 6 7* 6 8 7 8J 8 9 0 9J 10 10 11 10} 12 It 13 Hi 1.5 0 1G OJ 17 I