Financial Emergency Tax Act 1933 (WA)

1933.] Financial Emergency Tax. [No. 14.

FINANCIAL EMERGENCY TAX.

24° Ono, No, XIV.

No. 14 of 1933.

AN ACT to impose and fix the rate of a Tax, to be called the Financial Emergency Tax, upon income, salary, and wages.

[Assented to 13th, October, 1933.]

]itE it enacted by the King's Most Excellent Majesty, byand with the advice and consent of the Legislative

Council and Legislative Assembly of Western Australia, in

this present Parliament assembled, and by the authority of

the same, as follows:—

1.    (1.) This Act may be cited as the Financial Emergency short Mk.

Tax Act, 1933.

(2.) The Financial Emergency Tax Assessment Act, incorporation.

1932, is incorporated with and shall be read as one with this

Act.

For the year ending the thirtieth day of June, one thousand nine hundred and thirty-four, but subject as here-	Imposition of
financPu emergency
tax.
inafter provided in relation to such year, and thereafter until the thirty-first day of December, one thousand nine hundred and thirty-four, unless Parliament otherwise determines, there shall be charged, levied, collected, and paid under and

2.

No. 14.] Financial Emergency Tax. [1933.

subject to the provisions of the Financial Emergency Tax Assessment Act, 1932, and any amendments thereof, a tax to be called the financial emergency tax

(a) At the rates of fourpence, fivepence, sixpence, eight- pence, and ninepence respectively, in accordance with the scale hereinafter set forth for every pound, including portion of a pound required by the said Act to be reckoned as a pound, upon and in respect of all income within the meaning of that Act to which sections five, six, seven, eight and ten thereof relate, and not exempt from liability to taxation under that Act, that is to say-

(i)    Fourpence in the pound where the income is seventy-eight pounds per annum or more and is less than one hundred and eighty-two pounds per annum: provided that where the income is less than one hundred and four pounds per an- num the amount of tax payable shall not exceed f ourpence ;

(ii)    Fourpence in the pound where the income is one hundred and eighty-two pounds per annum or more and does not exceed two hundred and thirty-four pounds per annum, in the case or a person who proves to the satisfaction of the Commissioner that he is regularly maintaining or contributing to the maintenance of one or more members of his family who is or are resi- dent and domiciled in Western Australia;

(iii)    Fivepence in the pound where the income is one hundred and eighty-two pounds per annum or more and is less than three hundred and twelve pounds per annum, and subparagraph (ii) hereof does not apply;

(iv)    Fivepence in the pound where the income exceeds two hundred and thirty-four pounds per annum and does not exceed three hundred and twelve pounds per annum, in the case of a person who proves to the satisfaction of the Commissioner that he is regularly maintaining or contributing to the maintenance of one or more members of his family who is or are resident and domi- ciled in Western Australia;

1933.] Financial Emergency Tax. [No. 14.

(v)    Sixpence in the pound where the income is three hundred and twelve pounds per annum or more and is less than three hundred and sixty-four pounds per annum;

(vi)    Sixpence in the pound where the income exceeds three hundred and twelve pounds per annum and is less than three hundred and sixty-four pounds per annum in the case of a person of the kind mentioned in subparagraph (iv) hereof.

(vii)    Eightpence in the pound where the income is three hundred and sixty-four pounds per annum or more and is less than four hundred and sixteen pounds per annum;

(viii)     Ninepence in the pound where the income is four hundred and sixteen pounds per annum or more; and

(b) At the rates of fourpence, fivepence, sixpence, eight- pence and ninepence respectively, in accordance with the scale hereinafter set forth, for every pound, including portion of a pound required by the said Act to be reckoned as a pound, upon and in respect of the amount of all salary and wages to which section nine of the said Act relates, re- ceived by any person in this State; such tax to be payable and collected from time to time in accord- ance with the said Act by and from every such person on the receipt by him of any such salary or wages, that is to say-

(i)    Fourpence in the pound where the amount of the salary or wages is thirty shillings per week or more and is less than three pounds ten shillings per week: provided that where the salary or wages received is less than two pounds per week the amount of the tax payable shall not exceed fourpence.

(ii)    Fourpence in the pound where the amount of the salary or wages is three.pounds ten shillings per week or more and does not exceed four pounds ten shillings per week, in the case of a person who proves to the satisfaction of the Commis- sioner that he is regularly maintaining or con- tributing to the maintenance of one or more members of his family who is or are resident and domiciled in Western Australia;

No. 14.] Financial Emergency Tax. [1933.

(iii)    Fivepence in the pound where the amount of the salary or wages is three pounds ten shillings per week or more and is less than six pounds per week, and subparagraph (ii) hereof does not apply;

(iv)    Fivepence in the pound where the amount of the salary or wages exceeds four pounds ten shil- lings per week and does not exceed six pounds per week, hi the case of a person who proves to the satisfaction of the Commissioner that he is regularly maintaining or contributing to the maintenance of one 'or more members of his family who is or are resident and domiciled in Western Australia;

(v)    Sixpence in the pound where the amount of the salary or wages is six pounds per week or more and is less than seven pounds per week;

(vi)    Sixpence in the pound where the amount of the salary or wages exceeds six pounds per week and is less than seven pounds per week, in the case of a person of the kind mentioned in sub- paragraph (iv) hereof ;

(vii)    Eightpence in the pound where the amount of the salary or wages is seven pounds per week or more and is less than eight pounds per week;

(viii)    Ninepence in the pound where the amount of the salary or wages is eight pounds per week or more; and

(c) At the rate of sixpence in respect of every three pounds two shillings and sixpence of the premiums received by every company which carries on any insurance or assurance business exclusively (not being a life insurance company), and which is liable for taxation under the said Act in accord- ance with section eight thereof.

Operation of this	3. (1.) Insofar as section two of this Act requires the fin-
assessment of

Act in relation to

tax In respect of	ancial emergency tax to be charged, levied, collected, and paid
salary Cr wages for
the year ending	in respect of salary or wages for the year ending the thirtieth
1034.
30th day of Jun,,	day of June, one thousand nine hundred and thirty-four, such tax shall be charged, levied, collected, and paid in respect of salary or wages earned and received on or after the first day of October, one thousand nine hundred and thirty-three.

1933.] Financial Emergency Tax. [No. 14.

(2.) Insofar as section two of this Act requires the finan- cial emergency tax to be charged, levied, collected, and paid in respect of income for the year ending the thirtieth day of June, one thousand nine hundred and thirty-four, such. tax shall be charged, levied, collected, and paid upon that por- tion of the income earned during the year ending the thirtieth day of June, one thousand nine hundred and thirty-three, which bears to the whole year of such income the same ratio as the portion of the year commencing on the day of the com- mencement of this Act, and ending on the thirtieth day of June, one thousand nine hundred and thirty-four, bears to the whole of the year ending on the said last-mentioned date.