Financial Emergency Tax Act 1938 (WA)

FINANCIAL EMERGENCY TAX.

2° GEO. VI., No. XVIII.

No. 18 of 1938.

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 1st December, 1938.]

B' it enacted by the King's Most Excellent Majesty,by and with the advice and consent of the Legis-

lative Council and Legislative Assembly of Western Australia, in this present Parliament assembled, and by the authority of the same, as follows:—

1. This Act may be cited as the Financial Emergency	short title.
cf. No. 47 of

Tax Act, 1938, and shall be read as one with the Finan-

1937, s. 10.

cial Emergency Tax Assessment Act, 1.932-1937 (Con-

solidated).

No. 18.] Financial Emergency Tax. [1938.

Imposition of

tax.

2. For the purpose of the Financial Emergency Tax Assessment Act, 1932-1937 (Consolidated) (hereinafter called the Assessment Act), financial emergency tax is imposed at the rates declared by this Act.

3. (1.) For the purpose of section three of the Assess- ment Act it is hereby declared that the rates of tax pay- able for the financial year ending on the thirtieth day of June, one thousand nine hundred and thirty-nine on the net assessable income of a taxpayer (not being a com- pany) for the year of income ended on the thirtieth day of June, one thousand nine hundred and thirty-eight, shall be in accordance with the several rates prescribed in the First Part of the Schedule to this Act:

Provided that

(1) in the case of a person whose income for the said year of income was not less than two hundred pounds but did not exceed two hundred and thirteen pounds, and who proves to the satis- faction of the Commissioner that he is regu- larly maintaining or contributing to the main- tenance of one or more members of his family who is or are resident and domiciled in West- ern Australia, the rate of tax shall be subject to a rebate of fifty per centum; and

(ii) in any case where the net assessable income of a taxpayer does not exceed one hundred and four pounds for the said year of income, the tax shall not exceed seventeen shillings and fourpence.

Rate of tax

on salaries	(2.) (a) For the purpose of section three of the Assessment Act it is hereby declared that the rates of tax payable for the financial year ending on the thirtieth day of June, one thousand nine hundred and thirty-nine on salaries and wages paid or received during that year shall be :—
and wages.

(i) in respect of salaries and wages paid or received in the first six months of that financial year. namely in the six months ending on the thirty- first day of December, one thousand nine hun- dred and thirty-eight, the several rates declared by and in accordance with the provisions of the Second Part of the Schedule to the Financial Emergency Tax Act, 1937; and

1938.] Financial Emergency Tax. [No. 18.

(ii) in respect of salaries and wages paid or received in the remaining six months of that financial year, namely in the six months ending on the thirtieth day of June, one thousand nine hun- dred and thirty-nine, the several rates declared in the Second Part of the Schedule to this Act.

(b) Unless Parliament otherwise determines, the rates prescribed in the Second Part of the Schedule to this Act shall also apply in respect of salaries and wages paid or received in the period of six months ending on the thirty- first day of December, one thousand nine hundred and thirty-nine.

Provided that, where the salary or wages does not ex- ceed two pounds per week, the amount of tax payable under the provisions of this subsection shall not exceed fourpence per week.

(3.) (a) For the purpose of subsection one of section Rate oftax y

eight of the Assessment Act it is hereby declared that companies.

the rate of tax payable by a company which carries on V4M.:7,:g

any insurance or assurance business exclusively (not

being a life assurance company), shall be sixpence in

respect of every three pounds two shillings and sixpence

of premiums received by it.

(b) For the purpose of subsection two of section eight of the Assessment Act it is hereby declared that the rates of tax payable for the financial year ending on the thirtieth day of June, one thousand nine hundred and thirty-nine on the net assessable income of a company for the year of income ended on the thirtieth day of June. one thousand nine hundred and thirty-eight, shall be in accordance with the several rates prescribed in the Third Part of the Schedule to this Act.

No. 18.] Financial Emergency Tax. [1938.

THE SCHEDULE.

FIRST PART.

Pales of Tax Payable by Pers as Earning or Deriving Income.

Column I. Column 2.

Rate of tax payable by a person who

proves to the satisfaction of the

Commissioner that he is regularly

maintaining or contributing to the	Rate of tax payable by other Persons.
maintenance of one or more members of his family who is or are resident and domiciled in Western Australia.

(a) (b) (a) (b)

Where the not Rate of tax Where the net Rate of tax

assessable income per pound. assessable income per pound.

is £200 or more but is Pompom° is £78 or more but does Fourpence

less than £260 not exceed £200

is not less than £260 Fivepence exceeds £200 but is loss Fivepence

but less than £338 than £312

is not less than £338 Sixpence is not less than £312 Sixpence

but less than £416 but less than £416

is not less than £416 Sevenponee is not less than 2416 Sevenpence

but less than £494 but less than £494

is not less than £404 Eightpence is not less than £494 Eightpence

but less than £572 but less than £572

is not less than £572 Ninepence is not less than £572 Ninepence

but less than £050 but less than £650

is not less than £650 Tenpence is not less than £650 Tenpence

but loss than £728 but less than £728

is not less than £728 Elevenpence is not less than £728 Elevenpence

but less than £806 but less than £806

is not less than £806 Twelvepence is not less than £806 Twelvepenco

1938.] Financial Emergency Tax. [No. 18.

SECOND PART.

Rates of Tax Payable by Persons in Receipt of Salary or Wages.

Column 1. Column 2.

Rate of tax payable by a person who

proves to the satisfaction of the

Commissioner that ho is regularly

maintaining or contributing to the	Rate of tax payable by other Persons.
maintenance. of one or more members of his family who is o • are resident and domiciled in Western Australia.

(a) (b) (a) (b)

Where the weekly rate	Rate of tax	Where the weekly rate	Rate of tax
of salary or wages—	per pound.	of salary or wages—	per pound.
is £4 2s. Od. or more	Fourpence	is £1 10s. Od. or more	Fourpenee

but is less than £5

but not more than

£4 2s. Od.

is not less than £5 but Fivepenco exceeds £4 2s. Od. but Fivepence

less than £6 10s. Od. is less than £6

is not less than £6 10s. Sixpence is not less than £6 but Sixpence

Od. but less than £8 less than £8

is not less than £8 but Sevenpence is not less than £8 but Sevenpence

less than £9 10s. Od. less than £9 10s. Od.

is not less than £9 10s. Eightpence is not less than £9 10s. Eightpence

Os. but less than £11 Od. but less than £11

is not less than £11 but Ninepence is not less than £11 but Ninepence

less than £12 10s. Od. less than £12 10s. Od.

is not less than £12 10s. Tenpence is not less than £12 /Os. Tenpence

Os. but less than £14 Od. but less than £14

is not less than £14 but Elevenpence is not less than £14 but Elevenpence

less than £15 10s. Od. less than £15 10s. Od.

is not loss than £15 10s. Twelvepence is not less than £15 Twelvepenco

Od. 10s. Od.

THIRD PART.

Rates of Tax Payable by Companies.

Whore the net assessable income Rate of tax per pound.

is loss than £200	Fourpence
is not loss than £200 but less than £312	Fivepence
is not less than £312 but less than £416	Sixpence
is not less than £416 but loss than £494	Sovermence
is not less than £494 but loss than £572	Eightpence
is not less than £572 but less than £650	Nineponce
is not less than £650 but less than £728	Tenponce
is not less than £728 but less than £806	Elovenpence
is not less than £806	TwePropene()