Financial Emergency (State Taxation) Regulations (Amendment) (Cth)

STATUTORY RULES.

1931. No. 154.

 

REGULATION UNDER THE FINANCIAL EMERGENCY ACTS 1931.

I, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following regulation under the Financial Emergency Acts 1931, to come into operation forthwith.

Dated this eleventh day of December, 1931.

ISAAC A. ISAACS

Governor-General.

By His Excellency’s Command,

EDWARD G. THEODORE

Treasurer.

 

Amendment of Financial Emergency (State Taxation) Regulations.

(Statutory Rules. 1931, No. 138.)

Regulation 3 of the Financial Emergency (State Taxation) Regulations is amended by adding at the end thereof the following proviso and sub-regulation:—

“Provided that in the case of a taxpayer who—

(i) is not a returned soldier within the meaning of the definition contained in section twenty-two of the Australian Soldiers’ Repatriation Act 1920–1931; and

(ii) was, on the last day of the period for which the income is calculated for the purposes of the State law, an unmarried person of the age of twenty-one years or upwards, a male divorced person who had not re-married and had no children, a widower without children,

the maximum amount, rate, percentage or extent of such taxation to which the remuneration of the taxpayer shall be subject shall be as follows:—

(d) Where the taxpayer’s total taxable amount of income does not exceed One thousand pounds, the maximum rate of tax per pound of the taxpayer’s remuneration shall be Twenty-seven pence.

(e) Where the taxpayer’s total taxable amount of income exceeds One thousand pounds but does not exceed Seven thousand pounds, the maximum rate of tax per pound of the taxpayer’s remuneration shall be Twenty-seven pence and six one-thousandths of a penny where the total taxable amount of income is One thousand and one pounds, and shall increase uniformly with cash increase of One pound in excess of One thousand and one pounds of the total taxable amount of income by Six one-thousandths, of a penny.

3754.—Price 3d.

(f) Where the taxpayer’s total taxable amount of income exceeds Seven thousand pounds, the maximum rate of tax per pound, of the taxpayer’s remuneration shall be Sixty-three pence per pound.

(2.) Notwithstanding anything contained in this regulation, if the amount of tax payable at the rate prescribed by the preceding provisions of this regulation in respect of the remuneration any taxpayer would be less than One pound, the maximum amount of tax payable in respect of that remuneration shall be One pound.”

 

By Authority: H. J. Green, Government Printer, Canberra.